Section 15-5-9 - Preferences and priorities in granting loans(a) In granting loans, the department shall be guided by the nature of the product or invention and the potential economic advantage it offers the State or the increased job creation the loan will provide.(b) Priority consideration shall be given to a participation loan over a direct loan.[Eff. APR 03 1982; am and comp DEC 21 1989] (Auth: HRS § 211E-2) (Imp: HRS § 211E-2)