Haman-gun Provides Management Stability Fund Loans for SMEs Again This Year

A view of the Haman County Office.

[Asia Economy Yeongnam Reporting Headquarters Reporter Park Saeyan] Haman-gun, Gyeongnam announced on the 9th that it will implement the '2021 Small and Medium Enterprise Management Stabilization Fund Loan Support' for small and medium enterprises experiencing management difficulties due to COVID-19.

The county will provide loan support amounting to 70 billion KRW, as it did last year, targeting small and medium manufacturing enterprises registered as factories with business locations in Haman-gun as of the application date.

However, companies that have not completed loans within the loan handling period after approval in the relevant year, unregistered factories, companies with no sales as of the loan application date or those that are temporarily closed or closed down, and companies without recent fiscal year financial statements are excluded from the loan support.

Loans of up to 500 million KRW are available depending on the number of employees and annual sales per company.

Interest subsidy will be provided up to 3%, reflecting the financial institution's loan interest rate, and the loan period is three years.

The loan handling institutions are six branches of three banks that have agreements with the county: Gyeongnam Bank Haman, Chilwon, and Naeseo branches; Nonghyup Bank Haman-gun branch and Chilseo Industrial Complex branch; and Industrial Bank of Korea Masan Naeseo branch.

For more details, please refer to the announcement section on the county's website.

This content was produced with the assistance of AI translation services.