The Manitoba Governement is offering a one-time $6,000 non-interest bearing forgivable loan to Manitoba small and medium-sized businesses that have experienced hardships in Manitoba as a result of the COVID-19 pandemic and related public-health orders.
The loan is forgiven on December 31, 2020 if recipients declare at that time that they have not received any non-repayable COVID-19 federal supports greater than $6,000 (Canada Emergency Wage Subsidy (CEWS), the Canada Emergency Business Account (CEBA), the Canada Emergency Commercial Rent Assistance (CECRA), the Canada Emergency Response Benefit (CERB) and the various sector-specific grant programs developed in response to the COVID-19 pandemic.)
If the recipient cannot make the declaration, and has received “federal government COVID-19 grant support” greater than $6,000 in the calendar year ending December 31, 2020, the MGPP non-interest bearing loan is repayable by March 31, 2021
Application deadline is July 31st 2020
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