Wyoming Administrative Code
Agency 085 - Business Council
Sub-Agency 0001 - Business Ready Community Grant And Loan Program
Chapter 3 - BUSINESS READY COMMUNITY LOAN INFORMATION
Section 3-8 - Loan Evaluation
Universal Citation: WY Code of Rules 3-8
Current through July 13, 2024
(a) In additional to Application Evaluation criteria in Chapter 1, Council staff shall evaluate a loan application utilizing the following criteria:
(i) Whether the user fees or assessments
generated by the project will be sufficient so that the loan may be considered
a reasonable and prudent investment of state funds; and
(ii) If applicable, whether the applicant is
current on repayment obligations to the BRC account or other state loan
accounts on any other existing loans.
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