Minnesota Administrative Rules
Agency 139 - Employment and Economic Development Department
Chapter 4305 - MILITARY RESERVIST ECONOMIC INJURY LOAN PROGRAM
Part 4305.0040 - SELECTION CRITERIA
Universal Citation: MN Rules 4305.0040
Current through Register Vol. 48, No. 39, March 25, 2024
The agency shall consider the following criteria when determining whether an applicant is eligible for a loan under the program:
A. the likelihood of repayment of the loan funds; and
B. the extent to which the loan funds will help to prevent, remedy, or ameliorate substantial economic injury shown by the applicant.
Statutory Authority: MS s 14.389; 116J.996
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