The Authority will not lend and will not continue lending to an applicant, unless the applicant is an eligible applicant, and the project is an eligible project, and both the applicant and the project comply with the terms and conditions set forth by the Board for the entire period of the loan or guarantee.
12 Pa. Code § 81.141
The provisions of this § 81.141 amended under section 9 of the Pennsylvania Minority Business Development Authority Act (73 P.S. § 390.9).