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Primorye business received 510 million rubles at 2% per annum from VTB

Primorye business received 510 million rubles at 2% per annum from VTB
Photo: pixabay.com

VTB encouraged entrepreneurs of Primorsky Krai 123 agreements on 510 million rubles of borrowed funds under the state support program at 2% per annum. 54 applications for 158 million rubles are still in work.

According to the press service of VTB, among the first recipients of soft loans are the helicopter company Garant LLC and the Prolog Group, which is engaged in cargo transportation. With the support of the bank and operational decision on the application, OOO Garant managed to fully retain the staff. Another company emphasizes that with the help of a loan they will be able to begin restoration of activity.

Payments on these loans entrepreneurs may not perform until December 28, 2020. If at least 90% of employees are retained, the entire loan will be repaid by the state, and 50% of debts will be written off if 80% of employees are retained.

According to the manager of VTB in the Primorsky Territory, Alexander Vyalkov, judging by the number of applications received, the region’s business is interested in new conditions to support employment. And the importance of maintaining jobs in a pandemic is seen by all businessmen.

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