Section 201.4 - [Effective until 2/3/2025] Loan Application(a) After entering a Participation Agreement, a Participant seeking to obtain a Zero-Interest Loan from the Office to support one or more Disaster Recovery Loans must submit a completed Loan Application to the Office through the Program website.(b) All confidential and proprietary information must be identified by the Participant.(c) The Loan Application must provide, at a minimum: (1) the following information for each Micro-Business that will receive a Disaster Recovery Loan pursuant to the Loan Application: (A) the official business name and primary business address, including the county;(B) the federal tax identification and Comptroller of Public Accounts numbers;(C) certification of Micro-Business eligibility and Disaster Recovery Loan eligibility under the Program;(D) documents from the Texas Secretary of State demonstrating the Micro-Business's authority to do business in Texas; and(E) a letter from the Comptroller of Public Accounts confirming the Micro-Business is in good standing;(2) the total loan amount requested by the Participant from the Office;(3) a certification of the Loan Application from an authorized Participant representative; and(4) a resolution by the Participant's governing body authorizing the Loan Application.(d) The Office, in its sole discretion, may deny a Loan Application in full or in part for any reason.10 Tex. Admin. Code § 201.4
Adopted by Texas Register, Volume 49, Number 42, October 18, 2024, TexReg 8441, eff. 10/7/2024, exp. 2/3/2025 (Emergency)