WebMar 1, 2024 · To book a phone consultation, email [email protected]. The Regional Relief and Recovery Fund (RRRF) provides financial contributions (interest-free loans) to help support fixed operating costs of SMEs, where business revenues have been affected by the COVID-19 pandemic. The Fund, valued at more than $962 million nationally, is … WebMay 14, 2024 · For RRRF requests up to $40,0000, similar to the CEBA loan program, the following repayment terms will apply: Repayment of 75%, or up to $30,000, of the …
FedDev Ontario – Regional Relief and Recovery Fund (RRRF) (2024)
WebJun 30, 2024 · These businesses can now apply for loans of up to $60,000 through RRRF. As the financing terms of RRRF and Canada Emergency Business Account (CEBA) are similar, rural businesses can choose which program to apply for funding. Applicants can only apply to ONE of these federal programs. Not sure which Community Futures office you should … brawlhalla legends with home field advantage
WD Regional Relief and Recovery Fund (RRRF) – Application Guide
WebJun 30, 2024 · The RRRF expansion loan offers more support to eligible RRRF recipients who have already received a $40,000 loan. General Details: Maximum loan of $60,000; 0% interest until December 31, 2024; No principal payments until December 31, 2024; Principal repayments can be voluntarily made at any time without penalty; WebJul 22, 2024 · Under the RRRF, eligible businesses can receive a conditionally repayable contribution up to $40,000. The contribution amount will be the lesser of the applicant's estimated total operating balance between April 1, 2024, and September 30, 2024 or $40,000. Repayment Terms The following repayment terms will apply: WebRRRF loans are meant to help small businesses with ongoing operating costs (rent, wages, utilities, taxes, etc.) for a 4-MONTH PERIOD. ... 2024, the loan will be converted to a three-year term loan with interest rates up to 5%, effective January 1, 2024. The full balance must be repaid no later than December 31, 2025. brawlhalla level rewards