35 Ill. Adm. Code 662.410
Loan Issuance
Section 662.410 Loan Issuance
The Agency may, subject to the availability of funds,
issue a loan agreement authorizing the initiation of construction of a project
or activity listed in Section 662.130 when:
a) the loan
applicant submitted a Funding Nomination Form and the project is on the Project
Priority List;
b) the Agency has
approved the loan applicant's Project Plan pursuant to Sections 662.320 and
662.330; and
c) the documents
required by Section 662.350 have been submitted and approved by the Agency.