§ 5-205. Loan -- Application

   (a) Form. -- An applicant for a loan under this subtitle shall submit to the Department an application on the form that the Department requires.

(b) Required information. -- 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.

HISTORY: An. Code 1957, art. 83A, § 6-508; 2008, ch. 306, § 2; 2010, ch. 14.