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a~ <br />2. Businesses must be located within Orange County in areas <br />zoned appropriately for their use. _, <br />~~~r~~~re-~_r'_,--_-*~-~~ i e~r~~-L-~e~C-Ct~ri~~ee ;3~E~a-~~s~e <br />~' c .s ~ _ _ c'' ~e-~1~i e-i ga~e~-i~~~~te-P r7~+7~-~ ~ } <br />T ee~i.e ~ec~~=~1 e~~ =~'_' e~r~er ( .r.7~ 2T7'c,~G~. F~~ h' "~r~CLZ~..T.~~ SLLC~1 ~.'G' <br />3.~ Applicants must be er for-profit business entit~~ whose <br />gross revenues do not exceed $3 million ear. <br />4.rr. Applicants must be willing to contract far management and <br />technical assistance if determined to be necessary by the <br />Loan Committee. <br />5.E~ Applicants must have an equity contribution in a start-up <br />business of at least 15~. <br />6.~ Nan_natural_nersan,_„owners with an ownership <br />position of 10$ or more and all natural person owners of <br />the e~~t s-tai-~g-~a-~~~s t~~e~c e~~e bus ine s s wi 11 be <br />required to execute an Unconditional Guaranty Agreement far <br />the full amount of the loan. <br />7. A licants with an natural arson owner who has endin <br />criminal charues or who has been convicted o_f a crime and <br />is still servin an active rison sentence is on robatian <br />ar is an taarale is nat .elicLi;bl.e for .an Orange County Small <br />Business Laan. <br />ELIGxBLE USES OF LOAN PROCEEDS <br />1. Working capital or operational funds. <br />2. Purchase of equipment, commercial-use vehicles, ar <br />machinery. <br />3. Improvement of owner-occupied commercial property. (Owner <br />must occupy 50~ or more of total space.) <br />4. Start-up funding. <br />5. Expansion of business services or products. <br />2 <br />