Mississippi Administrative Code
Title 6 - Economic Development
Part 2 - Community Foundations COVID-19 Grant Program
Chapter 4 - Mississippi Capital Access Contract Loan Program (MS CAP)
Rule 6-2-4.12 - Contribution Outline
Universal Citation: MS Code of Rules 6-2-4.12
Current through September 24, 2024
A. | Small Business | A minimum of 1.5% of the loan amount; A maximum of 3.5% |
B. | Financial Institutions | Will match the amount deposited by the Small Business (The Financial Institution may recover all or part of its contribution from the Small Business in the form of loan proceeds or cash injection) |
C. | Capital Access Program | Will match the total amount contributed by the Financial Institution and the Small Business. |
Miss. Code Ann. § 57-69-5 (Rev. 2008)
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