A loan tape typically refers to a detailed electronic file or record that contains information about individual loans. This information may include details such as the borrower's name, loan amount, interest rate, term, payment schedule, and any other relevant terms and conditions. Loan tapes are commonly used in the financial industry, particularly in the context of loan securitization, where loans are bundled together and sold to investors as securities. The loan tape provides investors with essential information about the underlying loans in the securitization, allowing them to assess the risk and potential return of investing in the securities.