Records and documents submitted by program applicants and lenders to the Missouri agricultural and small business development authority relating to financial investments in a business, or sales projections or processes or other business plan information which if released or otherwise made public may endanger the competitiveness of a business, or records and documents submitted to the authority relating to financial assistance that is awarded by the authority, except for the amount and recipient of any loan or grant from a program administered by the authority shall be deemed a closed record as such term is defined in section 610.010 , may be discussed in a meeting that has been closed pursuant to section 610.022 , and shall not be subject to the provisions of sections 109.200 to 109.310 , the state and local records laws. Such records and documents may be released by the authority upon written approval by the applicant.
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