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Old May 19, 2013, 03:03 AM   #12
JohnKSa
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Join Date: February 12, 2001
Location: DFW Area
Posts: 18,337
It is both a noun and a transitive verb. As a verb, it is synonymous with "lend".

http://www.merriam-webster.com/dictionary/loan
2 loan transitive verb Definition of LOAN : lend
Checked my 1965 edition of Websters to see if there has been a relatively recent change in usage, but it is consistent with the above.
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