6 Miss. Code. R. 4-2.7 - Rural Business Application

For Rural Business Loan Guarantees, the business must provide the following:

A. Credit reports and personal income tax records on all investors with twenty percent (20%) or more investment in the company;

B. A description of the collateral with the appraised value, acquisition price and the expected life of the collateral;

C. The last three years of the company's annual audit, financial statements and tax returns;

D. For start-up companies, a business plan, three years of monthly proformas financial statements will be required, and

E. Corporate and personal guarantees.

Notes

6 Miss. Code. R. 4-2.7

Miss. Code Ann. § 57-85-1 etseq. (Rev. 2008)