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Florida Administrative Code (Last Updated: April 18, 2024) |
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27. Executive Office of the Governor |
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27M. Office of Tourism, Trade and Economic Development |
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27M-3. Black Business Loan Program |
1(1) An Applicant shall submit the original and three copies of its completed Application to the Office during the Application Period.
22(2) The Office shall date and time stamp all Applications upon receipt, and thereafter take reasonable steps to preserve the integrity of the Application and any revisions.
49(3) Upon the close of the Application Period, the Office shall review each Application for completeness and to notify any Applicant in writing if the Office determines that its Application is incomplete. The Office’s notice shall specify the reasons for its determination, and the Applicant shall have ten (10) business days after receipt of such notice to submit a revised Application to the Office. If the Applicant fails to submit a revised Application within the required time, the Office shall notify the Applicant in writing that it is removed from further consideration.
141(4) The Office shall evaluate each complete Application from a New Recipient and document its evaluation using the Application Evaluation Form. To conduct the evaluation, the Office shall assign a person or persons who individually or collectively have experience in the following areas: financing small or minority business; economic development; community development; and business management. No officer, director, employee, or agent of any Applicant shall participate in the evaluation process.
211Rulemaking Authority 213288.7102(7) FS. 215Law Implemented 217288.7094(2), 218288.7102 FS. 220History–New 9-1-08, Amended 10-10-10.
