Regulations for Start-up Assistance for the Unemployed Under Employment Insurance Article 24

If the loan recipient business is in arrears on loan principal and interest for six months, the interest subsidy shall be suspended starting from the first month of delinquency. If any subsidies have already been disbursed, the lending financial institution shall notify the loan recipient business to repay the overpaid subsidy interest and return it to the MOL.In the case described above, once the loan recipient business repays the outstanding principal and interest and resumes regular repayment, the MOL may resume the subsidy. However, the resumed subsidy period shall not exceed the originally approved subsidy period.If the loan recipient business repays the outstanding principal and interest within six months and resumes regular repayment, they may be regarded as a normal loan recipient business and continue to receive interest subsidies.