Md. Code, Economic Development § 5-205
This is the official text of Md. Code, Economic Development § 5-205, part of Maryland’s Code, Economic Development — governs the state's economic development programs.
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§5–205.
Official statutory text
(a) An applicant for a loan under this subtitle shall submit to the Department an application on the form that the Department requires.
(b) The application shall include:
(1) a detailed strategic business plan;
(2) the amount of money required for the activities described in the strategic business plan;
(3) the money available to the applicant without financial assistance from the Department;
(4) the amount of financial assistance requested from the Department;
(5) information relating to the financial status of the applicant, including, if applicable:
(i) a current balance sheet;
(ii) a profit and loss statement; and
(iii) credit references; and
(6) any other relevant information that the Department requests.
(b) The application shall include:
(1) a detailed strategic business plan;
(2) the amount of money required for the activities described in the strategic business plan;
(3) the money available to the applicant without financial assistance from the Department;
(4) the amount of financial assistance requested from the Department;
(5) information relating to the financial status of the applicant, including, if applicable:
(i) a current balance sheet;
(ii) a profit and loss statement; and
(iii) credit references; and
(6) any other relevant information that the Department requests.
Status: in_force · Read it on the official government site
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