Md. Code, Economic Development § 5-1804
Md. Code, Economic Development § 5-1804
in effectA loan qualifies under the Program if the loan:
(1) satisfies the lending criteria of the financial institution;
(2) has a term not exceeding 10 years;
(3) may be short or long term, have fixed or variable rates, and be secured or unsecured; and
(4) does not exceed $250,000.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gec§ion=5-1804&enactments=falseFetched: 10/16/2026