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Queensland COVID-19 Jobs Support Loans

Applications have closed for the Queensland Government’s $1 billion COVID-19 Jobs Support Loan scheme.

Applications already submitted continue to be assessed in date order received complete up until the $1 billion in funding is fully committed. Unfortunately, not all applicants are able to be funded.

Loan Account Enquiries

If you have an existing COVID-19 Jobs Support Loan with QRIDA and have an enquiry please email jobsupportloan@qrida.qld.gov.au.

About COVID-19 Jobs Support Loan

The Queensland Government scheme administered by QRIDA is helping Queensland businesses and non-profit organisations financially affected by COVID-19 to retain employees and maintain their operations. It was one of the first business support packages to be announced across Australia.

COVID-19 Jobs Support Loans to date*

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6,845 loans approved
across 53 local government areas

Funds given icon

$984.8m
approved
. Of which 87%
are small businesses
with less
than 20 employees and payrolls
under $1.3m

Staffing icon

84,663
jobs supported

* As at 3 July 2020

About COVID-19 Jobs Support Loans

  • $1 billion loan scheme
  • Maximum loan up to $250,000
  • No repayments or interest charged for the first year
  • Two years interest only
  • 2.5% fixed interest rate
  • 10-year term of loan
  • Principal and interest repayments will commence after the third year for the remainder of the loan term

Other COVID-19 business assistance available:

Last updated
7 July 2020