6 MAC Pt. 2, R. 3.17
Interest Rate on MBE Micro-Loan(s)
Cite as 6 Miss. Admin. Code Pt. 2, R. 3.17
Interest Rate on MBE Micro-Loan(s). The interest rate to be charged is four percent
(4%) over the Federal Reserve Discount Rate, fixed for the term of the loan. Should the interest
rate change from the date of commitment to the date of closing, the interest rate quoted in the
commitment will prevail.