6 MAC Pt. 1, R. 13.5
General Loan Terms
Cite as 6 Miss. Admin. Code Pt. 1, R. 13.5
General Loan Terms. The maximum which may be loaned from Airport loan funds to
finance any one project is $1,000,000. Airport loan funds may be used for one hundred percent
(100%) project financing. The maximum term will be for up to ten (10) years with an interest
rate of one percent (1%) per annum.