Sangju City Provides 1 Million Won Disaster Relief Fund to 4,927 Small Business Owners
[Asia Economy Yeongnam Reporting Headquarters, Reporter Park Dong-wook] Sangju City, Gyeongbuk, announced on the 9th that it has provided disaster relief funds of 1 million KRW per person, totaling 4.927 billion KRW, to 4,927 small business owners struggling due to COVID-19.
Out of 5,230 small business owners who applied for the disaster relief funds from the 3rd to the 5th, Sangju City explained that disaster relief funds were paid to 4,927 people, excluding 303 who were not eligible or required additional verification and review.
Sangju City, which announced the small business disaster relief fund support plan on the 1st, decided to pay the funds to small business owners who applied by the 5th before the Lunar New Year holiday and has been operating a disaster relief fund task force for small business owners.
A Sangju City official said, "On the first day, the 3rd, 2,856 people applied, and over the three days, about 90% of the eligible applicants submitted applications, creating a great response," adding, "We hope that the disaster relief funds provided this time will offer at least a small comfort and help to small business owners facing difficulties due to COVID-19."
Hot Picks Today
"Could I Also Receive 370 Billion Won?"... No Limit on 'Stock Manipulation Whistleblower Rewards' Starting the 26th
- Samsung Electronics Labor-Management Reach Agreement, General Strike Postponed... "Deficit-Business Unit Allocation Deferred for One Year"
- "From a 70 Million Won Loss to a 350 Million Won Profit with Samsung and SK hynix"... 'Stock Jackpot' Grandfather Gains Attention
- "Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
Meanwhile, Sangju City will accept additional applications from small business owners who have not yet applied until the 26th. Applications received after the first application period until the 26th will undergo verification and review by related agencies and will be paid as quickly as possible.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.