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Alias Born | 08/13/2020 |
Monday, August 24, 2020 8:49:27 PM
"In the same breath, we’ve also been impacted in ways similar to other companies. We were successful in accessing many of the COVID funding opportunities offered by the U.S. government,and to some degree, the Canadian government. We qualified to receive wage subsidies of approximately $658,000 as well as low interest forgivable loans totaling $1.1 million at 0percentto 1percentinterest rates. We are expecting partial or full forgiveness of the loans, given that we meet the qualification criteria. Our applications for those have been submitted and we expect to get a response in Q3."
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