WILLIAM DONALD SCHAEFER, Governor Ch. 822

(1)  MONEY APPROPRIATED BY THE STATE TO THE FUND, NOT
TO EXCEED $2,500,000 EACH YEAR;

(2)  Interest received from linked deposits made from
the Fund; and

(3)  Any other moneys made available to the Fund.

5-603 13-903.

THE DEPARTMENT MAY MAKE A LINKED DEPOSIT IN ACCORDANCE WITH
THE PROVISIONS OF THIS SUBTITLE.

5-604 13-904.

(A)  TO OBTAIN FIXED ASSET FINANCING ASSISTED BY A LINKED
DEPOSIT UNDER THE PROVISIONS OF THIS SUBTITLE, AN ELIGIBLE
BUSINESS SHALL APPLY TO A LENDER FOR FIXED ASSET FINANCING OF NOT
MORE THAN $250,000 $500,000.

(B)  IN ADDITION TO THE INFORMATION REQUIRED BY THE LENDER
AS PART OF ITS STANDARD LOAN APPLICATION PROCEDURE, THE APPLICANT
SHALL PROVIDE TO THE LENDER, IN A FORM PRESCRIBED BY THE
DEPARTMENT , :

(1)  A CERTIFICATION, WITH SUPPORTING DOCUMENTATION,
THAT THE APPLICANT IS AN ELIGIBLE BUSINESS; AND

(2)  A DESCRIPTION OF THE NUMBER AND KINDS OF JOBS TO
BE CREATED OR RETAINED BY THE LOAN RECEIVED FROM THE LINKED
DEPOSIT.

(C)  (1) ON APPROVAL OF A LOAN APPLICATION, THE LENDER SHALL
FORWARD TO THE DEPARTMENT A LINKED DEPOSIT LOAN PACKAGE WITH THE
INFORMATION REQUIRED UNDER THIS SUBTITLE AND IN A FORM PRESCRIBED
BY THE DEPARTMENT.

(2) IN ADDITION TO ANY OTHER INFORMATION REASONABLY
REQUIRED BY THE DEPARTMENT TO CARRY OUT THE PURPOSES OF THIS
SUBTITLE, THE LINKED DEPOSIT LOAN PACKAGE SHALL INCLUDE THE
INFORMATION REQUIRED OF THE APPLICANT UNDER SUBSECTION (B) OF
THIS SECTION.

5-605 13-905.

IN DETERMINING WHETHER TO ACCEPT A LINKED DEPOSIT LOAN
PACKAGE, THE DEPARTMENT SHALL:

(1)  CONFIRM THE ELIGIBILITY OF THE APPLICANT; AND

(2)  CONSIDER AND WEIGH:

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