Uljugun Accepts Loan Support Applications for Power Plant Neighboring Residents and Businesses

From September 22 to October 21,
Total Support Fund of 340 Million Won Available

Ulsan Uljugun will be accepting applications for the "2025 Second Half Resident Welfare and Corporate Attraction Loan Support Program" from September 22 to October 21, targeting residents and businesses in areas surrounding power plants.

This program has been established to help increase the income and stabilize the livelihoods of residents and businesses located near power plants.

Eligible applicants are residents and businesses that meet the loan criteria of financial institutions (Nonghyup Uljugun Branch) and have resided and registered their address for at least one year as of the announcement date in the power plant surrounding areas (Onyang-eup and Seosaeng-myeon). However, those who have not fully repaid previous support funds, those deemed ineligible for credit loans, or those who fall under the credit management regulations of financial institutions will be excluded from support. Additionally, if a recipient moves out of the designated area, immediate repayment is required.

The loan support limit is up to 20 million won per household for the resident welfare support program, and up to 50 million won per business for the corporate attraction support program. The terms are an annual interest rate of 1.5%, with repayment over five years after a two-year grace period. The total loan support budget for the second half of the year is 340 million won.

Applications can be submitted at the administrative welfare centers in Onyang-eup and Seosaeng-myeon. Selected applicants will be individually notified in November. Those selected should visit the NH Nonghyup Bank Uljugun Branch on the designated date to apply for the loan.

For more details, please contact the Nuclear Power Plant Support Team in the Energy Policy Division of Uljugun.

Uljugun Office

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