Many Floridians and Florida businesses were hit hard by Hurricane Ian. There are resources available to aid with recovery in these difficult times.
The Florida Small Business Emergency Bridge Loan has been activated by Governor Ron DeSantis to provide short-term, zero-interest working capital loans designed to bridge the gap between when disaster strikes and when longer term recovery funding has been secured. Loans are available up to $50,000 per eligible applicant. Learn more here or by calling (833) 832-4494 or emailing EmergencyBridgeLoan@deo.myflorida.com.
The U.S. Small Business Administration has made several types of disaster loans available for those affected by Hurricane Ian as well.
Home Disaster Loans – Loans to homeowners or renters to repair or replace disaster-damaged real estate and personal property, including automobiles.
Business Physical Disaster Loans – Loans to businesses to repair or replace disaster-damaged property owned by the business, including real estate, inventories, supplies, machinery, and equipment. Businesses of any size are eligible. Private, non-profit organizations such as charities, churches, private universities, etc., are also eligible.
Economic Injury Disaster Loans (EIDL) – Working capital loans to help small businesses, small agricultural cooperatives, small businesses engaged in aquaculture, and most private, non-profit organizations of all sizes meet their ordinary and necessary financial obligations that cannot be met as a direct result of the disaster. These loans are intended to assist through the disaster recovery period.
All details about these loans can be found by clicking here. If you have additional questions about these SBA loans, please call (800) 659-2955.