# Economic Development (GEC)

## Title 5. Economic Development and Financial Assistance Programs

### Subtitle 3. Maryland Economic Development Assistance Authority and Fund

#### Section 5-346

(a) Except as provided in this part, the Department may set the terms and conditions for child care special loans.

(b) The term of a child care special loan may not exceed 10 years.

(c)

  (1) The minimum amount of a child care special loan is $1,000.

  (2) The maximum amount of a child care special loan is $10,000.

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Md. Code Ann., Econ. Dev. (as displayed at mgaleg.maryland.gov, October 16, 2026)