BAGUIO CITY: The Small Business Corporation (SBC) has reported that some 397 micro and small firms in the city were able to avail of zero interest loans under the Baguio Revitalization Action for a Vibrant Economy-Economic Stimulus Package (Brave-ESP) from 2020 up to July 20, 2023.

In her report during the quarterly meeting of the Baguio City Small and Medium Enterprise Development Council held at the conference room of the Department of Trade and Industry (DTI) Baguio Benguet Provincial Office recently, SBC representative Julie Ann Castañeda said of the total approved loan applications that were endorsed to the City Treasury Office for the release of their applied loans, 324 were micro enterprises while 73 were small businesses.