What is the earliest effective date allowed for the borrowing?
A – If the loan amount is less than the amount of the delayed June 22 state aid payment, then the effective date of the loan must be June 22 or later. If the loan amount is greater than the amount of the delayed June 22 state aid payment, then the effective date of the loan is June 8 or later. (See Q3 for more information on authority to borrow.
Related Questions
- I have registered with TPS and have allowed 28 days for my registration to become fully effective. Why am I still receiving unsolicited sales and marketing phone calls?
- Does the annual percentage rate always equal the effective borrowing cost?
- What is the earliest effective date allowed for the borrowing?
