Mississippi Administrative Code
Title 6 - Economic Development
Part 3 - Energy
Chapter 1 - Mississippi Energy Investment Loan Program
Rule 6-3-1.4 - General Loan Terms

Universal Citation: MS Code of Rules 6-3-1.4
Current through September 24, 2024

The maximum amount, which may be loaned from the Energy Investment Program to finance any one (1) project, Five Hundred Thousand Dollars ($500,000). The fixed rate of interest which shall be set at the time the application is approved, will be two percent (2.0%) below the New York Prime Rate with a term not to exceed ten (10) years. The term and the repayment schedule will be established by MDA.

Miss. Code Ann. § 57-39-43 (Rev. 2008)

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