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Kol Records

presented by October France

€22,500

2%

12 months

C-

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location

Location

Paris, France

activity

Activity

Information & Communication

Presentation of the company

Created in 2018, Kol Records is active in the music production and events sector. The company, located in Paris, has 1 employee. Since 2018, it is managed by Arié Sion.

Project description

The company requests 22500 € to ensure its continuity following the impact of the COVID-19 crisis on its activity. The project will be realized during the next months. This project description is based on data provided by the company.

This project is an Instant Project. The French State supports this company with a guarantee: the capital is guaranteed up to 90%. If the company cannot repay the loan, the State will partially reimburse the lenders on behalf of the company. This State Guaranteed Loan is initially a deferred loan of 12 months with payment of interest (2%) and principal at the end of the loan. At the end of 12 months, the borrower can repay (part of) the loan. Otherwise, the borrower will repay the loan over a period of 1 to 5 years. A new interest rate of 5.41% will then be applied.