Business Council

Wyoming Partnership Challenge Loan Program

Effective Date: 08/19/2022 to Current

Rule Type: Current Rules & Regulations

Reference Number: 085.0017.6.08192022

CHAPTER 6

SUCCESSION FINANCING LOANS

Section 1. Special Requirements.

(a) The maximum loan amount from the Council under this Chapter of these Rules is the lesser of fifty percent (50%) of the total loan amount or five hundred thousand dollars ($500,000.00); and (b) The business applying for funding shall have been operating for no less than seven (7) years immediately preceding the application for the loan.