Sec. 18. A loan or loan guarantee under this chapter may not exceed the lesser of: (1) ten (10) years; or (2) the useful life of the property for which the loan is granted or guaranteed, as determined by the United States Department of the Treasury. As added by P.L.4-2005, SEC.34.
Loan or loan guarantee time limits
Ind. Code § 5-28-21-18, under Chapter 21. Small Business Incubator Program.
Ind. Code § 5-28-21-18