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5 <br />2. Purchase of equipment or improvement of real estate which is used as personal property. <br />3. Political activities. <br />4. Owner salary and dividend payments beyond an agreed amount. <br />5. Speculative ventures (Examples: drilling for gas or oil, commodity futures) <br />6. Lending or investment <br />7. Real property held for sale or investment <br />8. Pyramid sales - distribution plan businesses. <br />9. Floor plan financing. <br />10. Individuals with pending criminal charges or who are incarcerated, on probation, or <br />parole. <br />11. Foreign controlled businesses. <br />12. Non-profit institutions. <br />13. Private membership clubs. <br />COMPLIANCE WITH APPLICABLE REGUL ATIONS <br />In all cases, loans made from this program must be consistent and in accordance with the <br />following: <br />1. All state and local regulations governing the applicant's line of business. <br />2. Policies established by the Loan Committee for each particular applicant- <br />3. Policies established by the Board of County Commissioners dealing with this loan <br />program- <br />AMOUNT OF LOANS <br />Maximum: $50,000. Minimum: $5,000. Should market conditions change, or in the event of an <br />applicant with extra - ordinary conditions, an alternative loan may be considered. All loans are <br />subject to availability. <br />