Financial support available for small businesses affected by COVID-19
Are you a small business owner whose business was affected by the COVID-19 pandemic?
You can apply to the Regional Relief and Recovery Fund through Kawartha Lakes Community Development Corporation for a loan of up to $40,000 for fixed operating expenses.
No interest will be charged on the loan until Dec. 31, 2022, and no principal repayments are required until then either. You can choose to repay some of the principal at any time.
As well, up to 25 per cent of loan repayments can be forgiven, provided the outstanding balance is repaid by Dec. 31, 2022.
Click here or call 705-328-0261 for information