Since the start of the feedback process for coronavirus emergency aid, around 2,700 Saxon companies have so far repaid a total of around 16 million euros in state support. As the Sächsische Aufbaubank (SAB) announced on request, the average repayment amount is around 5,900 euros. This is due to retrospective checks as to whether the full amount of federal aid paid out in spring 2020 was actually necessary.
Since mid-November, around 45,000 companies out of a total of around 70,000 companies have been asked to provide feedback - around 14,000 have responded so far. In 73 cases, legal action has been taken against repayment claims, 38 of which are still outstanding, it said. According to the SAB, repayments are generally interest-free and can be made within six months. If necessary, installment payments can also be agreed.
