6 Miss. Code. R. 11-3.4 - Qualified Borrowers
A. Mississippi new
or existing small businesses with up to 250 employees and less than $7,000,000
in gross revenues or $1,000,000 in profit after taxes -The company must be
financially sound, present evidence that it can repay the debt, and must not
have defaulted on any previous loan from the state or federal
government.
B. Governmental
Entities and Economic Development Organization, when the financing is for a
"business purpose" - including, but not limited to, local units of government,
institutions of higher learning, ports, airports, public-private partnerships,
and public, local economic development entities.
Notes
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