Emergency Loan for Small Businesses
We love working with entrepreneurs and small businesses. We know that during times like this, with the coronavirus and city limitations on how businesses are allowed to operate, it can be difficult for some business owners. We are here to be a resource and support these businesses in any way we can.
The Florida Small Business Emergency Bridge Loan Program has been made available to small Florida businesses that have experienced an economic downturn due to the coronavirus. One of the main concerns during this time was the economic impact that the coronavirus would have on our local small businesses. Because restrictions have been placed on businesses for the times they can operate, many companies are not able to effectively run their business, which could lead to employee lay-offs and even shutting down completely.
In order to prevent this from happening, this emergency loan was made available by Governor Ron DeSantis to keep our small businesses afloat during the quarantine. Small business owners that have been affected by Covid-19 and have up to 2 to 100 employees can apply for this emergency loan and receive up to $50,000 for no interest for one year.
The main concern for local government is to prevent the spread of the virus so businesses may go back to operating regularly. It is important to take the advice of the CDC so we may get back on track to growing our local small businesses. This emergency loan should help owners maintain their businesses until we are “back to normal”. If you would like to read more about this loan, please follow the link to learn more.
If you have any questions or think we can be of support to your small business, please follow the link to Schedule a Call so we may be of assistance. As always, we look forward to supporting our local small businesses. Stay safe!