A child care facility is eligible for a loan under Alaska Stat. § 44.33.24044.33.275 if

(1) the applicant submits to the department a plan for the use of the loan funds that is approved by the commissioner;
(2)[Repealed, Sec. 9 ch 112 SLA 1981].
(3)[Repealed, Sec. 7 ch 153 SLA 1978].
(4)[Repealed, Sec. 7 ch 153 SLA 1978].
(5) the applicant meets additional eligibility standards established by the department under Alaska Stat. § 44.33.245(b)(1).