Guaranty Amounts

Guaranty Amounts. For a Mississippi Development Authority approved firm, the Minority Surety Bond Guaranty Program offers bond guaranties up to $175,000 for a company new to the program. After reevaluation, the maximum guaranty amount increases to $250,000 in the company's second year of participation providing that there has been no default and the company remains eligible. The Mississippi Development Authority may guarantee up to ninety (90%) of specified bond amounts up to the applicable maximum.