This week, Governor Ron DeSantis (R-FL) activated the Florida small business emergency bridge loan program, which has made $50 million avaliable to small businesses in the state of Florida.
The move to activate the program is in response to Hurricane Ian and is available to many South Florida counties. This region of the state that was adversely impacted by Hurricane Ian happens to be one of the state's most dense producers of agriculture.
The counties of Charlotte, Collier, DeSoto, Flagler, Glades, Hardee, Hendry, Highlands, Hillsborough, Lake, Lee, Manatee, Monroe, Orange, Osceola, Pinellas, Polk, Putnam, Sarasota, Seminole, St. Johns, and Volusia, will see $10 million allocated to recover from the storm.
Loans approved through the Emergency Bridge Loan Program are intended to “bridge the gap” between the time a disaster impacts a business and when a business has secured longer term recovery funding such as federally or commercially available loans, insurance claims, or other resources. Eligible small businesses may apply for loans of up to $50,000 through the program.
"Thanks to Governor DeSantis’ strong, decisive leadership, we will ensure that communities across the state are able to recover quickly from Hurricane Ian’s devastation," said DEO Secretary Dane Eagle. "Florida’s small business owners in need of assistance can now apply for the Florida Small Business Emergency Bridge Loan Program at www.FloridaJobs.org/EBL."
Visit www.FloridaJobs.org/EBL to learn more about the program, as well as to view the lending guidelines and required documentation and to complete an application by the December 2, 2022, deadline. Business owners who need further program information may call 833-832-4494 Monday through Friday from 8:00 a.m. to 5:00 p.m., Eastern Time.
