(b) A pollution prevention expenditure at the small business, including an
expenditure for any of the following:
(i) Equipment or technology modifications.
(ii) Process or procedure modifications.
(iii) Reformulation, reclamation, or redesign of products.
(iv) Substitution of raw materials.
(v) Improvements in housekeeping, maintenance, or inventory control.
(vi) Pollution prevention training of employees.
(vii) On-site energy conservation studies or specifications.
(viii) On-site energy efficiency projects.
(ix) On-site water conservation projects.
(x) Qualified agricultural energy production systems.
(2) The following projects or expenditures are not eligible pollution prevention
projects:
(a) Costs incurred before the effective date of the loan agreement.
(b) Refinancing pre-existing obligations or debt.
(c) Financing building or construction costs that are not integral to the project.
(d) Financing salaries, wages, benefits, travel, or operating costs other than those
listed in subrule (1)(b) of this rule of the applicant business.
(e) Taxes, attorney fees, permits or licenses, or land acquisition.
(f) Projects or expenditures designed to increase process output or production.
History: 1998-2000 AACS; 2013 AACS.
R 324.14505 Loan application process.
Rule 5. (1) A small business shall file an application for a small business pollution
prevention loan on an application form provided by the department.
(2) The application shall include all of the following information:
(a) Applicant and lending institution contact information.
(b) A description of the pollution prevention project, which provides sufficient detail
to properly evaluate the proposed project and determine whether it meets the criteria of R
324.14504.
(c) The expected reduction in environmental waste, water, or energy used.
(d) A project implementation schedule.
(e) The small business pollution prevention loan amount.
(f) Certification that all necessary construction permits and operating licenses have
been obtained, or will be obtained, under applicable laws and regulations.
(3) The lending institution or applicant shall submit the completed loan application
and supporting documentation to the department for approval. At a minimum, supporting
documentation shall include all of the following:
(a) Written cost estimate(s) for all project costs.
(b) A loan commitment letter from the lending institution including the following
information:
(i) A commitment to participate in the small business pollution prevention loan
program with the department.
(ii) The lending institution’s federal tax identification number.
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