Gov. Ron DeSantis Launches Florida Small Business Emergency Bridge Loan Program, Makes $50 Million Available – At Least $10 Million Must Be Donated To Help Agricultural Businesses Affected By Hurricane Ian

Charlotte, Collier, DeSoto, Flagler, Glades, Hardy, Hendry, Highlands, Hillsborough, Lake, Lee, Manatee, Monroe, Orange, Osceola, Pinellas, Polk, Putnam, Sarasota, Seminole, St. John’s, and Volusia counties are open to applications.

Tallahassee, Florida — Today, Governor Ron DeSantis launched the Florida Small Business Emergency Bridge Loan Program, making $50 million available. At least $10 million of that he should donate to small businesses, farmers affected by Hurricane His Ian in Charlotte, Collier, DeSoto, Flagler, and Glades. , Hardy, Hendry, Highlands, Hillsboro, Lake, Lee, Manatee, Monroe, Orange, Osceola, Pinellas, Polk, Putnam, Sarasota, Seminole, St. John’s, and Volusia counties. Small businesses in the most affected counties (Charlotte, Collier, Lee, Sarasota) will be escalated and prioritized upon receipt.

Administered by the Florida Department of Economic Opportunities (DEO), this program provides short-term, interest-free loans to small businesses that have suffered financial or physical damage from Hurricane Ian. Interested applicants can apply now until December 2, 2022 or until all available funding is exhausted.

“Governor DeSantis’ strong and determined leadership will enable communities across the state to rapidly recover from the devastation of Hurricane Ian.” Dane Eagle, Director of the DEO, said: “Florida small business owners who need help can apply for the Florida Small Business Emergency Bridge Loan Program. www.FloridaJobs.org/EBL

Loans approved through the Emergency Bridge Loan Program secure long-term recovery funds such as federally or commercially available loans, insurance claims, or other resources at the time the disaster impacts the business. It is intended to “bridge the gap” between Eligible small businesses can apply for up to $50,000 in loans through the program.

Loans made under this program are short-term, interest-free personal loans using Florida funds. They are not grants and loans must be repaid by approved applicants.

The DEO manages an emergency bridge loan program with its financial administrator, Florida First Capital Finance Corporation.

visit www.FloridaJobs.org/EBL Review program details, review lending guidelines and required documentation, and complete your application by the December 2, 2022 deadline. A business owner who needs more information about the program can call him at 833-832-4494 Monday through Friday from 8:00 am to 5:00 pm (Eastern Time).

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