Md. Code, Economic Development § 5-205
Md. Code, Economic Development § 5-205
in effect(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.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gec§ion=5-205&enactments=falseFetched: 10/16/2026