Corona economic aid: A quarter of companies have had to pay back money so far

Corona economic aid: A quarter of companies have had to pay back money so far

Between June 2020 and June 2022, the Corona economic aid provided more than 63 billion euros in federal funds to companies and self-employed people with high Corona-related sales declines. In order to ensure that the funds could be paid out to the applicants quickly, the applications, which were mostly submitted on a forecast basis, were initially approved provisionally. From the outset, the concept was to subsequently compare the forecast information with the actual business development in a final settlement, the Chamber of Industry and Commerce announced. Ulm with.

So far, around 570,000 final settlement packages have been submitted. Around 300,000 final settlement packages are still to be submitted by the final submission deadline on September 30. Over 197,000 final decisions have already been made. In more than two thirds of the cases examined, the provisionally granted aid was confirmed or even a supplementary payment was granted, while around 24 percent were notified of a repayment demand.

It is important to meet the deadline

Final accounts for the Corona economic aid can still be submitted until September 30, 2024. If these are not submitted on time, the bridging aid could be reclaimed in full, warns the Ulm Chamber of Industry and Commerce and calls on missing documents and the final accounts to be submitted on time. (AZ)

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