SBDC Emergency Bridge Loan Program

Submitting your application options:
1) Online application: Here
2) Download an application, complete it and mail it with the required supporting documentation to the Florida Department of Economic Opportunity (DEO) at: Florida Department of Economic Opportunity, C/O Small Business Emergency Bridge Loan, 107 E. Madison Street, MSC-160, Tallahassee FL 32399-4120.
*In light of concerns surrounding COVID-19 all in-person SBDC activity has been suspended

The Florida Small Business Emergency Bridge Loan Program is short-term, interest-free working capital loans thats are intended to “bridge the gap” between the time a major catastrophe hits and when a business has secured longer term recovery resources, such as sufficient profits from a revived business, receipt of payments on insurance claims or federal disaster assistance.

The Florida Small Business Emergency Bridge Loan Program is not designed to be the primary source of assistance to affected small businesses, which is why eligibility is linked pursuit to other financial sources. Note: Loans made under this program are short-term debt loans made by the state of Florida using public funds – they are not grants. Florida Small Business Emergency Bridge Loans require repayment by the approved applicant from longer term financial resources.

For questions regarding the Emergency Bridge Loan Program, please contact the Florida Small Business Development Center (SBDC) Network Headquarters. Email: [email protected] (preffered method of contact). Phone: Regional SBDC Office at (813)905-5800.

    • Eligibility
      • Be a for-profit, privately held small business that maintains a place of business in the state of Florida.
      • A small business with 2 to 100 employees.
      • Be established prior to March 9, 2020
      • Be able to demonstrate economic injury as a result of the designated disaster. The need for the loan and use of proceeds must be directly related to the economic injury caused by the designated disaster.
      • Loans will be made to individuals who, individually or collectively, own at least 51% of the equity of the business.
      • A borrower will be required to sign an agreement that the proceeds of the loan will be used only for purposes of maintaining or restarting the business in the designated area. Use of proceeds to pay off debts already incurred for qualifying business maintenance or restart purposes may be authorized on a case-by-case basis.
      • A borrower will be required to certify that the proceeds of insurance claims, other loans applied for or to be applied for, or other financial assistance will be used to repay the loan.
    • Required Application Documents
      • Business Tax Statements (Previous Two Years; if unavailable, provide an explanation)
      • Employer Tax Statements (e.g. IRS Forms 941, W-3, W-2s, 1099-MICSs)
      • Personal Income Tax Returns for Each Applicant (Previous Two Years)