1. (a) After entering a Participation Agreement, a Participant seeking to obtain a Zero-Interest Loan from the Office to support one or more Disaster Recovery Loans must submit a completed Loan Application to the Office through the Program website.
2. (b) All confidential and proprietary information must be identified by the Participant.

3. (c) The Loan Application must provide, at a minimum:

   1. (1) the following information for each Micro-Business that will receive a Disaster Recovery Loan pursuant to the Loan Application:

      1. (A) the official business name and primary business address, including the county;
      2. (B) the federal tax identification and Comptroller of Public Accounts numbers;
      3. (C) certification of Micro-Business eligibility and Disaster Recovery Loan eligibility under the Program;
      4. (D) documents from the Texas Secretary of State demonstrating the Micro-Business's authority to do business in Texas; and
      5. (E) a letter from the Comptroller of Public Accounts confirming the Micro-Business is in good standing;
   2. (2) the total loan amount requested by the Participant from the Office;
   3. (3) a certification of the Loan Application from an authorized Participant representative; and
   4. (4) a resolution by the Participant's governing body authorizing the Loan Application.
4. (d) The Office, in its sole discretion, may deny a Loan Application in full or in part for any reason.

Source Note:The provisions of this §201.4 adopted to be effective January 5, 2025, 49 TexReg 10628.