Deposits made by the Office into a reserve account to be placed
at a participating financial institution shall be limited by the following:
(1) The maximum amount the Office may deposit into
a reserve account for each capital access loan made under the program
is the lesser of $35,000 or an amount equal to:
(A) 8.0% of the loan amount if:
(i) the eligible applicant is located or financing
a project, activity, or enterprise in an area designated as an enterprise
zone; or
(ii) the eligible applicant is a small or medium size
business or a non-profit organization that operates or proposes to
operate a day-care center or group day-care home, as those terms are
defined by Human Resources Code, §42.002.
(B) 6.0% of the loan for any other eligible applicant.
(2) The amount deposited by the Office into a participating
financial institution's reserve account for any single loan recipient
may not exceed $150,000 during a three-year period.
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