20221010 Governor Ron DeSantis awards $2.5 million through the Emergency Small Business Bridge Loan Program to help businesses impacted by Hurricane Ian

10/10/2022

Today, Governor Ron DeSantis awarded businesses an initial $2.5 million through the Florida Small Business Emergency Bridge Loan Program. This program was activated by Governor DeSantis in the aftermath of Hurricane Ian, to provide interest-free, short-term loans to small businesses that suffered financial impacts or physical damage from Hurricane Ian. Interested candidates can apply now until December 2, 2022 or until all available funds are expended. To find more information, click here. Businesses in affected counties receiving awards are:

  • 28 Lee County businesses receive loans totaling $1.27 million
  • 8 Collier County businesses receive loans totaling $355,000
  • 6 Hillsborough County businesses receive loans totaling $300,000
  • 4 Charlotte County businesses receive loans totaling $175,000
  • 3 Sarasota County businesses receive loans totaling $150,000
  • 2 Manatee County businesses receive loans totaling $100,000
  • 2 Lake County businesses receive loans totaling $75,000
  • 1 Monroe County business receives loan totaling $50,000
  • 1 Highlands County business receives loan totaling $50,000

The Small Business Emergency Bridge Loan Program aims to bridge the gap between when a disaster affects a business and when a business can obtain long-term recovery financing. Loans are available for up to $50,000 per eligible applicant and are short term personal loans.

The loan program has been authorized for a total of $50 million, of which $10 million is dedicated to impacted agricultural businesses. Businesses affected by Hurricane Ian located in Brevard, Charlotte, Collier, DeSoto, Flagler, Glades, Hardee, Hendry, Highlands, Hillsborough, Lake, Lee, Manatee, Monroe, Orange, Osceola, Pinellas, Polk, Putnam, Sarasota, Seminole , St Johns and Volusia counties are eligible to apply. Small businesses in the hardest-hit counties — Charlotte, Collier, DeSoto, Hardee, Lee and Sarasota — will be escalated and prioritized as they are received.

Updated: Monday, October 10, 2022

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