Current through Register Vol. 54, No.43, October 26, 2024
Section 138b.4 - Eligibility(a)Citizenship. To be eligible for a grant, the applicant, if an individual or a member of a partnership, shall be a citizen of the United States on or before the date of filing an application for a loan under this chapter.(b)Corporations. If the applicant is a corporation, the applicant shall be incorporated or registered in this Commonwealth to be eligible.(c)Eligible uses. A grant shall be used by the applicant for the purposes of constructing, expanding, or both, the applicant's agricultural processing operation. Grant proceeds shall be used for any of the following purposes: (1) Purchase of an existing building to be used primarily for processing operations.(2) Construction of a new building to be used primarily for processing operations.(3) Purchase of equipment to be used for the processing operation.