Minnesota Administrative Rules

4305.0040 SELECTION CRITERIA.

The agency shall consider the following criteria when determining whether an applicant is eligible for a loan under the program:

A.

the likelihood of repayment of the loan funds; and

B.

the extent to which the loan funds will help to prevent, remedy, or ameliorate substantial economic injury shown by the applicant.

Statutory Authority:

MS s 14.389; 116J.996

History:

33 SR 2052

Published Electronically:

July 21, 2009