In determining whether to accept a linked deposit loan package, the Authority shall confirm the eligibility of the applicant and consider: (1) the number and kinds of jobs to be created or retained as a result of providing the linked deposit; (2) the amount of the loan; (3) the amount of money in the Fund and the amount committed to linked deposits; (4) whether the availability of linked deposit financing is essential for the economic feasibility of the acquisition; (5) the economic needs of the area in which the eligible business is located; (6) the financial feasibility of the loan; and (7) other factors that the Authority considers relevant.
‹ Prev All Maryland sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.