Volume 793, Page 1606 View pdf image |
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Ch. 120 1995 LAWS OF MARYLAND 5-604. (a) To obtain fixed asset financing assisted by a linked deposit under the (b) In addition to the information required by the lender as part of its standard (1) A certification, with supporting documentation, that the applicant is an (2) A description of the number and kinds of jobs to be created or retained (c) (1) On approval of a loan application the lender shall forward to the (2) In addition to any other information reasonably required by the 5-605. In determining whether to accept a linked deposit loan package, the Department (1) Confirm the eligibility of the applicant; and (2) Consider and weigh: (i) The number and kind of jobs to be created or retained as a result (ii) The amount of the loan; (iii) The amount of money in the Fund not committed to linked (iv) Whether the availability of linked deposit financing is essential for (v) The economic needs of the area in which the business is located; (vi) The financial feasibility of the loan to be made; and (vii) Any other factors that the Department considers relevant. 5-606. (a) If the Department accepts a linked deposit loan package from a lender, the - 1606 -
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Volume 793, Page 1606 View pdf image |
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