Preliminary Review – Administrator and staff will review the application for completeness and verify that the proposed project meets the minimum requirements. All parts of your application will be reviewed and formatted for committee review. During this process, you will be contacted. More information may be requested. A determination will also be made if sufficient collateral exists, to warrant further project review by the committee.
Formal Review – The Columbia County Revolving Loan Review Committee will review the application.
Negotiation of Terms – The RLF Committee will negotiate terms for inclusion in the loan agreement.
County Board Approval – The full Columbia County Board must approve all loans.
Notice of Award – If the application is approved, a closing will be scheduled to execute the necessary loan documents.
Rejection of Award – If application is not approved, the Administrator will send a letter to the applicant stating reasons and possible remedies.