Illinois Administrative Code
Title 14 - COMMERCE
Part 590 - ILLINOIS LARGE BUSINESS DEVELOPMENT PROGRAM
Subpart A - LOANS FOR LARGE BUSINESS DEVELOPMENT
Section 590.50 - Funding Limitations
Universal Citation: 14 IL Admin Code ยง 590.50
Current through Register Vol. 48, No. 12, March 22, 2024
In accordance with Section 10-4(b) of the Act, the Director will waive the funding limitations governing the amount of the loan and percentage of leverage when it is determined that these funding limitations would prohibit an otherwise approved project, in accordance with Sections 590.30 and 590.40, and subsequent job creation/retention, from occurring.
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