The stage in the loans out procedure which an individual object to be loaned out has reached.
How to record
Use a single term, without punctuation or capitalisation. Maintain a list of standard terms.
requested; authorised; agreed; conservation; requested; sent; photography requested; refused; returned
Record once only at any time for any object. Previous Loaned object statuses may be retained, but should be associated with the Loaned object status date in order to identify the current Loaned object status.