Maryland § 36-1401

§ 36-1401.

    (a)    In this subtitle the following words have the meanings indicated.

    (b)    “Borrower” means a business that:

        (1)    qualifies as a small business under the U.S. Small Business Administration size standards;

        (2)    applies to a lender for business financing; and

        (3)    has fewer than 50 employees.

    (c)    “Department” means the Department of Commerce.

    (d)    “Lender” means:

        (1)    a credit union, as defined in § 1–101 of the Financial Institutions Article;

        (2)    a financial institution, as defined in § 1–101 of the Financial Institutions Article; or

        (3)    a community development financial institution, as defined in 12 U.S.C. § 4702(5).

    (e)    “Program” means the Capital Access Program established under this subtitle.