only make a loan or loan guarantee available to an eligible entity if the Under Secretary makes a determination of the following: (1) The loan or loan guarantee is for an activity described under subsection (e). (2) Without a loan or loan guarantee the eligible entity would not be able to fund or finance the activity under reasonable terms and conditions. (3) A loan or loan guarantee is a cost effective, expedient, and practical financial assistance for the activity. (4) There is a reasonable assurance that— (A) the eligible entity will implement the activity in accordance with the application submitted pursuant to paragraph (2) of subsection (d)