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Loan proceeds are to be used for working capital, inventory, equipment purchase, and real property improvements but cannot be used for refinancing of existing debt or outstanding debt payments. Funds may be used to acquire equipment, make leasehold improvements, purchase recycled raw materials and inventory or acquire real property.
are implementing site certification programs that give available sites a shovel ready designation—meaning that the site is primed and ready for economic development. To achieve certification, sites go through a rigorous review process. States across the U.S. The outcome?
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