1. a) the loan applicant submitted a Funding Nomination Form and the project is on the Project Priority List;
2. b) the Agency has approved the loan applicant's Project Plan pursuant to Sections 662.320 and 662.330; and
3. c) the documents required by Section 662.350 have been submitted and approved by the Agency.

The Agency may, subject to the availability of funds, issue a loan agreement authorizing the initiation of construction of a project or activity listed in Section 662.130 when:

(Source: Amended at 43 Ill. Reg. 11209, effective October 1, 2019)