The Oregon Business Development Department shall establish by rule the procedures and criteria for administration of the program established under ORS § 285A.193 to 285A.198, including, but not limited to, the methods of determining:

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(1) The distribution of forgivable loans;

(2) The amount of a forgivable loan, including enhancements listed in ORS § 285A.194 (3);

(3) The terms of forgivable loan enhancements under ORS § 285A.194 (3);

(4) The conditions attached to a loan;

(5) The circumstances in which forgivable loans must be repaid under ORS § 285A.196; and

(6) Any means by which noncompliance with applicable performance or other conditions attached to a loan may be cured by the owner or operator. [2021 c.529 § 6]