Md. Code, Economic Development § 5–207

(a) The Department shall prepare the loan documents for loans under this subtitle.

(b) The loan documents shall include:

(1) the interest rate on the loan;

(2) the amount of the loan;

(3) repayment provisions for the loan; and

(4) any other provision that the Department determines is necessary, including a provision on taking liens and security interests in real or personal property.