Utah Code § 11-45-205: Approval of loan.

(1) In approving a loan, the office shall:

(a) review the loan application, plans, and specifications for the project;

(b) determine whether or not to grant the loan by applying the office's eligibility criteria; and

(c) if the loan is granted, prioritize the energy efficiency project by applying the office's priority criteria.

(2) The office may provide conditions on a loan to ensure that:

(a) the proceeds of the loan will be used to pay the cost of the project; and

(b) the project will be completed.