You might be talking about a grant. You do not have to pay off a grant, but you do to meet certain requirements to get the funds.
I know there are a few programs out there that offer grants for federally subsidized businesses, i.e. agriculture, minority owned, etc.
The program you described looks too good to be true. If you are dealing with an individual or a small business that is disseminating this information, please do your research so you don't fall victim to fraud.
I hope this helps.
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