Each recipient shall submit an application to the Chief Executive Officer on such forms and with such attachments as the Chief Executive Officer may require consistent with the purposes of the program and this rule. The Chief Executive Officer will review each application for completeness and eligibility. Applications that are not substantially complete may be deemed not received until completed. The Chief Executive Officer shall determine when an application is received, which determination shall be final. An application shall contain, at a minimum, such general information identifying and describing the recipient, the proposed project, and the proposed financing of the project as specified in the application form and as otherwise requested by the Chief Executive Officer. ALL APPLICATIONS FOR LOANS UNDER SECTION 4 M UST BE COMPLETE AND SUBMITTED SO AS TO BE RECEIVED BY THE AUTHORITY ON OR PRIOR TO the deadline set forth in 10 M.R.S.A. §1023-M, as it may be amended. To the extent the Authority is authorized to extend the deadline for good cause shown, good cause shall be as determined by the Authority in its discretion. Applications received after such date will be considered only if funds remain available after all applications received by the deadline are fully funded.
94- 457 C.M.R. ch. 318, § 5