23.35—What criteria are used in making loans?

Approval of loan applications will be based on the criteria set forth below:
(a) The need in the HMSA for the applicant's health profession as determined under section 332 of the Act;
(b) The applicant's need for the loan funds; and
(c) The comments from State or local health professional societies on the appropriateness of the applicant's intended private practice; and
(d) The applicant's credit worthiness and projected financial ability to repay the loan.