; and (II) understands that the eligible veteran may not receive amounts under a grant under the pilot program until after the eligible veteran has completed the required education and training relevant to the ownership and operation of the qualifying business enterprise described in paragraphs (3)(A) and (3)(B). (iv) Such certifications as the Administrator, in consultation with the Advisory Committee, shall by rule require, including— (I) for a business enterprise in operation on the date of the application, evidence that the Administrator, in consultation with the Advisory Committee, determines appropriate of— (aa) good standing; (bb) profitable operation; and (cc) guarantees relating to the purchase of the enterprise; (II) for a franchise business enterprise, evidence that the Administrator, in consultation with the Advisory Committee, determines appropriate of— (aa) compliance with applicable State and Federal laws on franchises; and (bb) training in conformation with the industry standard; and (III) for a startup, or an enterprise that is otherwise not in operation at the time of the application, a proposal for the operation of that enterprise that leads to profitable operation within a reasonable time frame. (v) A certification that the eligible veteran applying for the grant understands that the eligible veteran may not receive amounts under the grant until after the business plan of the eligible veteran has been approved under the procedures described in paragraph (3)(C)(ii). (vi) A certification that the eligible veteran— (I) has been truthful about the employment status of the eligible veteran