(a) (1) In this section the following words have the meanings indicated.
(2) “Department” means the Department of Economic Competitiveness and Commerce.
(3) “Eligible business” has the meaning stated in § 5-451 of the Economic Development Article.
(4) “Lender” has the meaning stated in § 5-451 of the Economic Development Article.
(b) The Department and the State are not liable to any lender for payment of the principal or interest on a loan to an eligible business in accordance with § 5- 451 of the Economic Development Article.