Jangseong-gun Accepting Applications for 'Small Business Support Program' Until the 20th of Next Month

[Jangseong=Asia Economy Honam Reporting Headquarters Reporter Jo Hangyu] Jangseong-gun, Jeollanam-do (Governor Yoo Doo-seok) announced on the 11th that it will accept applications for the 'Small Business Support Project' targeting small business owners with business locations and home addresses in Jangseong until the 20th of next month.

The Small Business Support Project consists of three types: store rent support, loan interest differential compensation, and credit guarantee fee support.

The store rent support targets small business owners who have been operating leased stores since March 1, 2019, providing up to 4 million KRW. The loan interest differential compensation supports up to 2 million KRW annually within 3 years for the 3% interest amount.

The credit guarantee fee from the guarantee institution is supported up to 1 million KRW within a 3-year range.

However, those with annual sales of 150 million KRW, property tax payment of 250,000 KRW or more (combined for spouses), or owners of self-owned properties are excluded from the support target.

Small business owners wishing to apply can visit the Economic Transportation Division with the application form and related documents by the 20th of next month to submit them.

Governor Yoo Doo-seok said, "I hope this will help stabilize the management and relieve the financial burden of small business owners who are experiencing great difficulties due to COVID-19," and added, "We will continue to strive to prepare support measures for small business owners."

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