COMMISSION DECISION
of 30 April 2008
State aid C 40/06 (ex NN 96/05)
Loan assistance schemes implemented by the United Kingdom
(notified under document number C(2008) 1612)
(Only the English version is authentic)
(Text with EEA relevance)
(2008/626/EC)
I. PROCEDURE
II. DETAILED DESCRIPTION
III. COMMENTS FROM THE UNITED KINGDOM
Beneficiary |
Date |
Amount (GBP) |
Loan as % of total project |
Loan term |
Interest rate in % |
Johnson Seawell Ltd |
06-2000 |
250 000 |
24 |
20 months |
8,0 |
North Atlantic Salmon Ltd |
06-2000 |
211 500 |
71,8 |
2 years |
8,0 |
Hoove Salmon Ltd |
06-2000 |
87 000 |
51,1 |
21 months |
8,0 |
Dury Salmon Ltd |
06-2000 |
250 000 |
64,3 |
2 years |
8,0 |
Hoganess Salmon Ltd |
09-2000 |
213 000 |
72 |
2 years |
8,0 |
North Isles Seafood Ltd |
08-2000 |
250 000 |
74,7 |
2 years |
8,0 |
Bressay Salmon Ltd |
06-2000 |
156 300 |
74,9 |
2 years |
8,0 |
Wester Sound Salmon Ltd |
10-2000 |
250 000 |
56,8 |
2 years |
8,0 |
Scord Salmon (Shetland) Ltd |
02-2001 |
107 100 |
72,6 |
2 years |
7,5 |
Hoove Salmon Ltd |
07-2001 |
226 481 |
73,2 |
2 years |
7,5 |
Skerries Salmon Ltd |
07-2001 |
249 750 |
75,7 |
2 years |
7,5 |
Unst Salmon Ltd |
08-2001 |
250 000 |
28,9 |
2 years |
7,5 |
SSG Seafoods Ltd |
04-2002 |
250 000 |
30,2 |
2 years |
6,5 |
Cro Lax Ltd |
05-2002 |
250 000 |
49,6 |
2 years |
6,5 |
Aqua Farm Ltd |
09-2002 |
250 000 |
34,8 |
15 months |
6,5 |
Beneficiary |
Date |
Amount of the loan (GBP) |
Loan as % of total project |
Loan term |
Interest rate in % |
Lerwick Fish Traders Ltd |
05-1996 |
200 000 |
24,4 |
10 years |
7,75 |
Shetland Seafood Specialities Ltd |
10-1996 |
73 000 |
39,2 |
10 years |
9,0 |
Whalsay Fish Processing Ltd |
08-1997 |
173 000 |
36,6 |
10 years |
8,0 |
D Watt (Shetland) Ltd |
12-1998 |
110 000 |
21,6 |
10 years |
8,0/5,0(4) |
D Watt (Shetland) Ltd |
05-2002 |
142 002 |
39,1 |
7 years |
6,5 |
IV. ASSESSMENT
Beneficiary |
Date |
Applied interest rate in % |
EU reference rate in % |
Loan scheme for fish processing |
|||
Lerwick Fish Traders Ltd |
05-1996 |
7,75 |
11,18 |
Shetland Seafood Specialities Ltd |
10-1996 |
9,0 |
10,26 |
Whalsay Fish Processing Ltd |
08-1997 |
8,0 |
8,15 |
D Watt (Shetland) Ltd |
12-1998 |
8,0/5,0(9) |
7,77 |
D Watt (Shetland) Ltd |
05-2002 |
6,5 |
6,01 |
Salmon Farming Loan Assistance |
|||
Johnson Seawell Ltd |
06-2000 |
8,0 |
7,64 |
North Atlantic Salmon Ltd |
06-2000 |
8,0 |
7,64 |
Hoove Salmon Ltd |
06-2000 |
8,0 |
7,64 |
Dury Salmon Ltd |
06-2000 |
8,0 |
7,64 |
Hoganess Salmon Ltd |
09-2000 |
8,0 |
7,64 |
North Isles Seafood Ltd |
08-2000 |
8,0 |
7,64 |
Bressay Salmon Ltd |
06-2000 |
8,0 |
7,06 |
Wester Sound Salmon Ltd |
10-2000 |
8,0 |
7,06 |
Scord Salmon (Shetland) Ltd |
02-2001 |
7,5 |
7,06 |
Hoove Salmon Ltd |
07-2001 |
7,5 |
7,06 |
Skerries Salmon Ltd |
07-2001 |
7,5 |
7,06 |
Unst Salmon Ltd |
08-2001 |
7,5 |
6,01 |
SSG Seafoods Ltd |
04-2002 |
6,5 |
6,01 |
Cro Lax Ltd |
05-2002 |
6,5 |
6,01 |
Aqua Farm Ltd |
09-2002 |
6,5 |
6,01 |