Board staff will use preliminary environmental data provided by the applicant, as specified in §363.711(b)(3) of this title (relating to Applications), and make a written report to the executive administrator on known or potentially significant social or environmental concerns. The executive administrator may recommend approval of the project to the board if, based on preliminary information, there appear to be no significant environmental, permitting, or social issues associated with the project. The loan agreement will provide for the terms and conditions for completion of the environmental review process which will be consistent with §363.16 of this title (relating to Pre-design Funding Option) and with identified mitigation measures with the intent to ensure environmentally responsible and legally compliant project design and implementation.