6 MAC Pt. 1, R. 3.4

Loan Conditions

Year: 2026Length: 50 wordsOfficial source

Cite as 6 Miss. Admin. Code Pt. 1, R. 3.4

Loan Conditions. An existing company that accepts a loan shall not reduce employment by more than twenty percent (20%) through the use of the long term fixed assets for which the loan is provided. The company must inject a minimum of up to ten percent (10%) equity into the project.
6 MAC Pt. 1, R. 3.4: Loan Conditions | Justis AI