The Florida Small Business Emergency Bridge Loan Program has been activated by Governor Ron DeSantis for small businesses in Escambia, Okaloosa, and Santa Rosa Counties.
The Florida Department of Economic Opportunity (DEO) will administer the Emergency Bridge Loan program. The loan provides “short-term, zero-interest loans to small businesses that experienced physical damage or economic injury during Hurricane Sally.”
The application period began on September 23, 2020, and runs through November 14, 2020, or until the available funds are expended.
“We want to do all we can to help the families, businesses, and communities affected by Hurricane Sally recover quickly and be resilient for the future,” said Dane Eagle, Executive Director of the Florida Department of Economic Opportunity. “Hurricane Sally has brought destructive coastal area flooding to Northwest Florida, and DEO will continue to work with these businesses and communities during the recovery process.”
To apply for this loan eligible businesses must have 2 to 100 employees, be located in the eligible counties, and been affected by Hurricane Sally.
To begin the application or for more information on eligibility requirements and required documents follow this link. For more information you may also contact EmergencyBridgeLoan@deo.myflorida.com or 1-833-989-2763.
To read more from the Governor’s Press Release click here.
The Florida SBDC at UWF’s onsite Business Recovery Centers (BRC’s) are closed as of 10/7.
You can also reach out to the Florida SBDC virtually for assistance. The Florida SBDC at UWF is here to assist small businesses apply for the Emergency Bridge Loan, answer further questions, and address other concerns. If you need assistance with the loan application, or are interested in no-cost consulting, visit our website at sbdc.uwf.edu and click on “Request SBDC Consulting.” Be sure to include “Emergency Bridge Loan Application” in the description.