- (1) satisfies the lending criteria of the financial institution;
- (2) has a term not exceeding 10 years;
- (3) may be short or long term, have fixed or variable rates, and be secured or unsecured; and
- (4) does not exceed $250,000.
A loan qualifies under the Program if the loan:
Added by Acts 2021, c. 704, § 1, eff. Oct. 1, 2021.