The following activities are among those activities not eligible for support under the revolving loan fund:

1. (a) Loans to the Loan Administrator or any representative or delegate of the Loan Administrator (section 803A(b)(5));
2. (b) Loans which would create a potential conflict-of-interest for any officer or employee of the Loan Administrator; loan activities which directly benefit these individuals, or persons related to them by marriage, or law.
3. (c) Eligible activities which are moved from the State of Hawaii;
4. (d) Investing in high interest account, certificates of deposit or other investments;
5. (e) Relending of the loan amount by the borrower;
6. (f) The purchase of land or buildings;
7. (g) The construction of buildings; and
8. (h) Purchasing or financing equity in private businesses.