PEER: Some MDA loan programs drastically under-used
by Clay Chandler
Published: January 2,2011
Tags: Doug Davis, Kathy Gelston, Mississippi Development Authority, PEER
Four of the Mississippi Development Authority’s business development loan programs are severely under-utilized, and their future availability is questionable after a report by the Performance Evaluation and Expenditure Review Committee (PEER). The PEER report looked at the utilization rates for fiscal years 2006-2010 and FY 2010 year-end fund balances of seven of the MDA’s business [...]
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