§ 5-457
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/md/economic-development/5-457A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§5–457.
In determining whether to accept a linked deposit loan package, the Authority shall confirm the eligibility of the applicant and consider:
(1)the number and kinds of jobs to be created or retained as a result of providing the linked deposit;
(2)the amount of the loan;
(3)the amount of money in the Fund and the amount committed to linked deposits;
(4)whether the availability of linked deposit financing is essential for the economic feasibility of the acquisition;
(5)the economic needs of the area in which the eligible business is located;
(6)the financial feasibility of the loan; and
(7)other factors that the Authority considers relevant.