AB532-ASA1-AA1,1,6
3"
(2m) Rule-making. (a) The department shall promulgate rules to establish
4the required elements of a loan application under sub. (2) (f) and the required
5contents of the interim report under sub. (3) (a) and the comprehensive evaluation
6under sub. (3) (b).
AB532-ASA1-AA1,1,87
(b) The rules shall require a loan application under sub. (2) (f) to include at least
8all of the following:
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1. A brief description of the borrower's type of business.
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2. The primary purpose for which the loan will be used.
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3. The number of the borrower's full-time and part-time employees.
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14. The number of full-time and part-time jobs the borrower expects will be
2created, retained, or substantially upgraded as a result of the activity financed by the
3loan.
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5. The borrower's current annual sales.
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6. The percentage of the business that is owned by individuals who belong to
6a racial or ethnic minority.
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7. The percentage of the business that is owned by women.
AB532-ASA1-AA1,2,98
8. The number of the borrower's employees who belong to a racial or ethnic
9minority.
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9. The number of the borrower's employees who are women.
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(c) The rules shall require that a comprehensive evaluation under sub. (3) (b)
12include an aggregation of the information provided in a borrower's applications
13under sub. (2) (f).".