§ 5-205
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/md/economic-development/5-205A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§5–205.
(a)An applicant for a loan under this subtitle shall submit to the Department an application on the form that the Department requires.
(b)The application shall include:
(1)a detailed strategic business plan;
(2)the amount of money required for the activities described in the strategic business plan;
(3)the money available to the applicant without financial assistance from the Department;
(4)the amount of financial assistance requested from the Department;
(5)information relating to the financial status of the applicant, including, if applicable:
(i)a current balance sheet;
(ii)a profit and loss statement; and
(iii)credit references; and
(6)any other relevant information that the Department requests.