Sec. 160.5. Evaluation criteria  


Latest version.
  • The commissioner shall evaluate all linked deposit applications based upon the following:
    (a) the eligibility of the borrower for the program;
    (b) the eligibility of the project for which the loan has been sought for the program;
    (c) the significance of the eligible project for improving the competitive position and profitability of the eligible business;
    (d) the importance of a reduced cost of borrowing through a linked loan to the ability of the eligible business to undertake the eligible project; and
    (e) the number of jobs likely to be created or retained, or other substantial economic benefits likely to be achieved as a result of the eligible project.