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 6-2-4.8 - Ability to Repay

Universal Citation: MS Code of Rules 6-2-4.8
Current through September 24, 2024

The small business must be credit-worthy and demonstrate the ability to repay the loan, the ability to successfully fulfill the contract being used as collateral, must be in compliance with all state and federal regulatory agencies, and must not be in default on any previous debt or obligation with the state or federal government.

Miss. Code Ann. § 57-69-5 (Rev. 2008)

Disclaimer: These regulations may not be the most recent version. Mississippi may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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