203k loan draws for contractors

[Jacob Rzewnicki]

So Im looking to purchase a rehab property using a 203k loan. The rehab is pretty serious and its going to be a pretty sizable loan (around 185000) I heard someone mention something about draws from the loan to pay contractors. Something along the lines of once the first part of the job is done, you make a draw and pay the contractors then. Then after the next part is finished you make another draw. What is the process like paying contractors from a rehab included loan such as a 203k ?