<?xml version='1.0' encoding='utf-8'?>
<section article="gab" article_name="Alcoholic Beverages and Cannabis" number="36-1404" title_number="36" title_name="Medical and Adult-Use Cannabis" subtitle_number="14" subtitle_name="Capital Access Program">
  <level label="a">
    <text>A loan to a social equity licensee qualifies under the Program if the loan:</text>
    <level label="1">
      <text>satisfies the lending criteria of the lender; and</text>
    </level>
    <level label="2">
      <text>does not exceed:</text>
      <level label="i">
        <text>for a dispensary, $500,000; or</text>
      </level>
      <level label="ii">
        <text>for a grower or processor, $1,000,000.</text>
      </level>
    </level>
  </level>
  <level label="b">
    <text>A loan that qualifies under subsection (a) of this section may be short or long term, have fixed or variable rates, and be secured or unsecured.</text>
  </level>
</section>
