March 7, 2021

Non-priority businesses now eligible for financial assistance – L’

Businesses considered to be non-priority that had to close their doors on December 25 to comply with government health measures are now eligible for the Assistance for businesses in regions on maximum alert (AERAM) component of the Emergency Assistance Program for SMEs (PAUPME), confirms Innovation and Economic Development Trois-Rivières.

This component covers fixed costs for the closing period, such as rent, municipal taxes, insurance and telecommunications costs, for example. It takes the form of a loan forgiveness (non-repayable financial assistance) of up to 100% of eligible fixed costs, up to a maximum of $ 15,000 per month, without exceeding 80% of the amount granted under the PAUPME.

These newly eligible businesses are primarily retail businesses, personal care clinics, and beauty centers. They are invited to submit their request on the IDE Trois-Rivières website. For the moment, the months of January and February will be analyzed by the team.

In addition, companies targeted by a closure decree since October can still submit their application to the AERAM component. So far, 57 of them have benefited from it, mostly restaurants, bars and fitness centers, with around 100 requests in total.

The government of Quebec has mandated IDE Trois-Rivières to locally administer PAUPME. Of the $ 8.2M allocated so far, $ 1.7M is still available.

Since the start of the pandemic, IDE Trois-Rivières has financially assisted 376 businesses, for a total granted of $ 8.4 million.