Feasibility Negotiation Remodeling Renovating 
Buisness Facilities Contributed Content
APRIL 15, 2014
Prevailing wage must be paid to workers involved in the construction or renovation. The terms are negotiated specific to each firm’s individual needs and situation with a maximum limit of 3% of Capital Expenditures. Fees: Pre-application fee ($1,500), issuer fee (0.25%).
Buisness Facilities Contributed Content
MARCH 21, 2014
Lenders negotiate their own fees and the USDA charges 2 percent of the guaranteed amount as a one-time fee. HIGH IMPACT PERFORMANCE INCENTIVE GRANT (HIPI): A negotiated grant provided to pre-approved applicants in certain high-impact sectors designated by the Governor’s Office of Tourism, Trade and Economic Development (OTTED).
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