The loan application consist of two parts:
- Pre-application: The pre-application is a brief two-page profile of the project and a summary of the applicant?s financial needs. Staff will generally make a site visit during this process to meet the applicant, determine the eligibility of the proposed project, and structure the loan.
- Full application: Applicants will be invited in writing to submit an application and will be given assistance in the preparation of the full application. Once received, the loan application will be scheduled for a Loan Review Board decision within thirty days or less.
Timing: Applications may be submitted at any time during the calendar year.