Alaska Administrative Code
Title 3 - Commerce, Community, and Economic Development
Part 10 - Economic Development
Chapter 82 - Child Care Facility Loans
3 AAC 82.045 - Ability to repay
Universal Citation: 3 AK Admin Code 3 AAC 82.045
Current through February 27, 2024
The department will, in its discretion, consider the following factors in evaluating an applicant's ability to repay a proposed loan:
(1) income history, including present income;
(2) prospects for future income;
(3) assets and their liquidity;
(4) liabilities;
(5) reasonableness of projected profit and loss statement;
(6) other relevant experience.
Authority:AS 44.33.245
AS 44.33.260
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