Or. Admin. R. 123-100-0080 – Forgivable Loan Information | Midpage
Rule 0080
Or. Admin. R. 123-100-0080
Forgivable Loan Information
Effective Jun 22, 2026ORS 285B.034 | Statutes/Other Implemented: ORS 285B.032 - 285B.046Oregon Business Development Department
(1) The Department may provide forgivable loans for Planning Project up to a maximum of 1% of the amount in the Fund.
(2) Forgivable Loans for a Planning Project shall be forgiven upon Project Sponsor providing documentation that the terms and conditions of the financing contract have been met, which may include special conditions such as listing the Project property on Oregon Prospector.