085-2 Wyo. Code R. §§ 2-4 - Application Process For An Economic Disaster Loan
a. All
applications for Economic Disaster Loans shall be submitted on the required
forms. Complete applications will be accepted at any time and scheduled for
final review and approval or denial by the Board of Directors on a first-come,
first-served basis.
b. One (1) copy
of the application shall be submitted to the Council offices at:
Wyoming Business Council
214 West 15th Street
Cheyenne, Wyoming 82002
c. Every application shall include, unless
waived by the Council, the following at a minimum:
(i) three (3) years of financial and tax
statements, plus detailed and complete current financial statements of the
Business and the owner(s);
(ii)
pro-forma cash-flow statement projections of the Business for a minimum of one
(1) year;
(iii) a statement that
such funds for the Economic disaster loan are not available from the
private-sector at a like term and interest rate;
(iv) a detailed repayment plan of the
Borrower;
(v) certification that
all statutory requirements will be met; and
(vi) proposed collateral and personal
guarantees for the loan.
Notes
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