The application period for the bridging aid Corona will be extended according to the meeting of the coalition committee on 25.08.2020. The decision provides that the duration of the bridging aid program for small and medium-sized enterprises will not end until 31.12.2020.
Applications for the Corona bridging assistance program have been possible since July 2020 at the Bavarian Ministry of Economic Affairs.
Since last week, companies can apply for emergency loans from the KfW, which are then disbursed as quickly as possible via their house banks. Since then, the banks have been overrun by applications for the KfW emergency loans to cope with the Corona crisis. On the first day of the aid programme Deutsche Bank alone received more than 5300 applications from companies.
Head of real estate and financing consulting
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