Mississippi Administrative Code
Title 6 - Economic Development
Part 1 - Financial Resources
Chapter 13 - Amended Mississippi Airport Revitalization Revolving Loan Program
Rule 6-1-13.5 - General Loan Terms
Universal Citation: MS Code of Rules 6-1-13.5
Current through September 24, 2024
The maximum which may be loaned from Airport loan funds to finance any one project is $1,000,000. Airport loan funds may be used for one hundred percent (100%) project financing. The maximum term will be for up to ten (10) years with an interest rate of one percent (1%) per annum.
Miss. Code Ann. § 57-61-41 et seq. (Rev. 2008).
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