35 Miss. Code. R. 10-11-402
Current through October 31, 2024
The loan may not be in excess of ninety percent (90%) of the market value of the financed assets and the loan may not be used to refinance existing debt. The aggregate amount loaned to one borrower may not exceed four million dollars ($4,000,000) and the term shall not exceed twenty (20) years. The project must create a minimum often (10) new jobs.
35 Miss. Code. R. 10-11-402