Andorra Enforces €174K in COVID Guarantee Loans for 2025-2026
Government steps in to cover seven defaulted pandemic-era loans totaling €174,503.77 for local businesses, with payments due in 2025 and 2026.
Key Points
- Loans total €174,503.77 for seven firms, enforced via BOPA edict.
- Beneficiaries: Sedepsa (€84,613), Servei Luminet (€23,289), others.
- Part of SARS-CoV-2 emergency guarantees for affected enterprises.
- Government covers defaults with payments in 2025-2026.
The Andorran government has enforced seven additional COVID-era guarantee-backed loans totaling €174,503.77, with payments scheduled for 2025 and 2026.
The decision appears in an edict published on Wednesday in the *Butlletí Oficial del Principat d'Andorra* (BOPA). It lists the companies that sought executive guarantees under the emergency programs for businesses and enterprises amid the SARS-CoV-2 health crisis.
The beneficiaries include:
- Associació del Menjador Escolar de l’Escola Francesa de Sant Julià de Lòria: €21,032.80 - Sedepsa, SLU: €84,613.41 - 2.R. Internacional, SLU: €14,270.73 - Garatge Dab, SLU: €7,848.05 - Perleria de Tahití, SLU: €9,737.01 - Punt d’Inici, SL: €13,712.44 - Servei Luminet: €23,289.33
These measures formed part of the support schemes launched during the pandemic to aid affected firms. The enforcement means the government will now cover the outstanding amounts on behalf of the defaulting borrowers.
Original Sources
This article was aggregated from the following Catalan-language sources: