Rule 6-4-2.7 - Rural Business Application For Rural Business Loan Guarantees, the business must provide the following:
A. Credit reports and personal income tax records on all investors with twenty percent (20%) or more investment in the company;B. A description of the collateral with the appraised value, acquisition price and the expected life of the collateral;C. The last three years of the company's annual audit, financial statements and tax returns;D. For start-up companies, a business plan, three years of monthly proformas financial statements will be required, andE. Corporate and personal guarantees.Miss. Code Ann. § 57-85-1 etseq. (Rev. 2008)