Oklahoma Administrative Code
Title 355 - Oklahoma Industrial Finance Authority
Chapter 10 - Industrial Development Lending
Subchapter 5 - Loan Application and Industrial Project Evaluation Criteria
Section 355:10-5-4 - Loan application fee
Universal Citation: OK Admin Code 355:10-5-4
Current through Vol. 42, No. 1, September 16, 2024
A fee equal to 1/2 of 1% of the requested loan amount shall be payable at the time the application is submitted. Should the loan application be denied by the Authority, this fee shall be refunded to the applicant less $500.00 or the amount of out-of-pocket expenses incurred by the Authority in processing the loan application, whichever is greater.
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