Governor Ron DeSantis Activates Small Business Emergency Due To COVID-19 Pandemic
By Space Coast Daily // March 19, 2020
application period opens March 17-May 8.
TALLAHASSEE, FLORIDA – Governor Ron DeSantis activated the Florida Small Business Emergency Bridge Loan Program and SBA Disaster Loan Applications are now live for the State of Florida.
The SBA will work directly with state Governors to provide targeted, low-interest loans to small businesses and non-profits that have been severely impacted by the Coronavirus.
The SBA’s Economic Injury Disaster Loan program provides small businesses with working capital loans of up to $2 million that can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing.
Governor Ron DeSantis announced the activation of the Business Damage Assessment survey to assess the impact of COVID-19 on Florida’s local business operations.
The survey, managed by the Florida Department of Economic Opportunity (DEO), evaluates businesses affected by COVID-19 and the impacts the virus has had on the local economy.The Bridge Loan Program will provide interest-free, short-term loans to small businesses that experienced a financial impact from the coronavirus.
The application period opens Tuesday, March 17, and runs through Friday, May 8. The state has allocated up to $50 million for the program.
The Business Damage Assessment Survey is your first step to apply for a loan and can be taken online at floridadisaster.biz and is the first step towards acquiring SBA and State of Florida assistance.
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