Just a reminder, if you applied for the Small Business Cashflow Loan (SBCS) in mid 2020, the two year interest-free period will be coming to an end. You should have received a letter from IRD, via MyIR, with instructions on how to repay this.
If you have already repaid your SBCS loan in full, you will not be charged any interest. If you have not yet fully repaid your loan yet, you will be charged an annual interest rate of 3% from the first day of the third year. You have 5 years to pay off the loan. IRD will send you a payment schedule with payment dates and amounts when regular payments are required to be made. Voluntary payments can still be made at any time. If you default on your loan, it may become immediately due and payable and default interest may be charged.
If you would like more information, this page from the IRD explains all you need to know. If you have further questions, please don't hesitate to get in touch with your Greenlion advisor.