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Statutes Text

Article - Economic Development




§5–1804.

    A loan qualifies under the Program if the loan:

        (1)    satisfies the lending criteria of the financial institution;

        (2)    has a term not exceeding 10 years;

        (3)    may be short or long term, have fixed or variable rates, and be secured or unsecured; and

        (4)    does not exceed $250,000.



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