Pennsylvania Code
Title 12 - COMMERCE, TRADE AND LOCAL GOVERNMENT
Part III - Business Financing
Subpart D - Minority Lending
Chapter 81 - MINORITY BUSINESS DEVELOPMENT AUTHORITY
Subchapter B - LOAN PROGRAM ADMINISTRATION
LIMITATIONS ON LOANS AND GUARANTEES
Section 81.131 - Amount and terms of loans

Universal Citation: 12 PA Code ยง 81.131
Current through Register Vol. 54, No. 44, November 2, 2024

The Authority will from time to time establish the terms of its loans, to include matters such as the interest rate, length of loan term, maximum amount of loans and requirements for creation or preservation of jobs, which will be published as a notice in the Pennsylvania Bulletin.

The provisions of this §81.131 amended under section 9 of the Pennsylvania Minority Business Development Authority Act (73 P.S. § 390.9).

This section cited in 12 Pa. Code § 81.112 (relating to eligible projects); and 12 Pa. Code § 81.125 (relating to additional conditions for certain loans).

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