# COMAR Title 24 — Department of Commerce

## Subtitle 05 — Economic Development

### Chapter 08 — Small Business Development Guaranty Fund

#### Regulation .02 Objective.

*COMAR 24.05.08.02*

The basic objective of the Program is to guarantee loans and, in some cases, to provide interest subsidies to economically or socially disadvantaged business persons for working capital, the acquisition and related installation of machinery or equipment, certain necessary improvements to real property leased or owned in fee simple by the applicant, or the acquisition of real property if used in the business, in order to assist economically or socially disadvantaged business persons.