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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

The private sector participant finances 50 percent of the project cost and takes a first lien on assets pledged as collateral. The SBA takes a second lien on assets and finances up to 40 percent of the project cost, up to $1 million in some cases. Borrowers inject 10 percent in the form of cash or equity in real estate.

Income 75
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State by State Incentives Guide

Buisness Facilities Contributed Content

The credit is refundable for organizations that are exempt from federal income tax pursuant to section 501©(3) of the IRS Code. TAX-EXEMPT REVENUE BONDS: Eligible to facilities deemed eligible by the IRS (primarily manufacturers) as 501(c)3 organizations. There are over $2 million per year in new credit authority.

Income 108