(1) The object of this section is to fund the TCF Small Business Program.
(2) The Department is responsible for administering the program. This includes (but is not limited to) responsibility for determining the following:
(a) the recipients of payments (including the eligibility criteria);
(b) the amounts of payments;
(c) the timing of payments;
(d) the terms and conditions of payments.
(3) The Consolidated Revenue Fund is appropriated for the purpose of payments under the program, to the extent of $25,000,000.
(4) In this section:
"TCF Small Business Program" means the program administered by the Commonwealth and known as the TCF Small Business Program.