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Small business loss compensation received from yesterday… Apply from an odd number of businesses


The payment of KRW 2.4 trillion in compensation for losses to 800,000 small businesses and small businesses that suffered losses due to COVID-19 quarantine measures started yesterday (27th).

You can apply for the odd-even system up to 30 days, and you will receive a minimum of 100,000 won and a maximum of 100 million won.

This is reporter Han Ji-yi.


Applications for loss compensation due to quarantine measures are accepted online at the ‘Small Business Loss Compensation Website’.

If you enter your business number and verify your identity, you can receive compensation within two days at the latest without any additional proof.

Small business owners who find it difficult to apply online can apply at the loss compensation window at the Si/Gun/Gu office near the location of their business site from the 3rd of the following month.

“I feel fortunate to be able to compensate small business owners who have cooperated with quarantine measures through a systematic system.”

If you do not agree to the expedited compensation amount, or if you are not included in the compensation target even after taking measures to ban gatherings and limit business hours, you can apply for confirmation compensation by submitting evidence.

Also, if you do not receive the compensation application guide, you can check through the loss compensation website, call center, or online chat consultation.

The government plans to release support measures such as providing low-interest policy funds to industries excluded from this compensation, such as indoor sports facilities and travel industries, within the next month.

This is Yonhap News TV Han Ji-yi. ([email protected])

Yonhap News TV Article Inquiries and Reports: KakaoTalk/Line jebo23


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