Mississippi Administrative Code
Title 6 - Economic Development
Part 4 - Community Services
Chapter 2 - Rural Impact Fund Grant Program (RIF)
Rule 6-4-2.7 - Rural Business Application

Universal Citation: MS Code of Rules 6-4-2.7

Current through September 24, 2024

For Rural Business Loan Guarantees, the business must provide the following:

A. Credit reports and personal income tax records on all investors with twenty percent (20%) or more investment in the company;

B. A description of the collateral with the appraised value, acquisition price and the expected life of the collateral;

C. The last three years of the company's annual audit, financial statements and tax returns;

D. For start-up companies, a business plan, three years of monthly proformas financial statements will be required, and

E. Corporate and personal guarantees.

Miss. Code Ann. § 57-85-1 etseq. (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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