Mississippi Administrative Code
Title 6 - Economic Development
Part 1 - Financial Resources
Chapter 3 - Mississippi Existing Industry Productivity Loan Program
Rule 6-1-3.1 - Purpose

The Mississippi Existing Industry Productivity Loan Program ("Existing Industry Loan Program"), administered by the Mississippi Development Authority ("MDA") is designed for making loans to existing industries or to local governmental entities to assist existing industries to deploy long-term fixed assets through new technology, which will improve productivity and competitiveness and for purchasing or refinancing land, buildings or equipment. Funding for this program is derived from state general obligation bonds.

Miss. Code Ann. § 57-93-1 (Rev. 2008)