SBDC Small Business Loan & SBA Economic Injury Disaster Loans

Florida Small Business Emergency Bridge Loan (EBL) Program

The Florida Small Business Emergency Bridge Loan Program has been activated by the Governor to provide short-term, interest-free loans to businesses impacted by COVID-19. Administered by the Florida Department of Economic Opportunity (DEO) in partnership with the Florida SBDC Network and Florida First Capital Finance Corporation (FFCFC), the Bridge Loan program helps businesses bridge the gap between the time damage is incurred and when a business secures other financial resources, including payment of insurance claims or longer-term U.S. Small Business Administration loans.

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Application Filing Deadline:  May 8, 2020

U.S. SBA Economic Injury Disaster Loans (EIDL)

The President has activated a presidential disaster declaration in response to COVID-19. Impacted businesses, small agricultural cooperatives, and private nonprofit organizations may apply for low-interest loans through the U.S. Small Business Administration’s Economic Injury Disaster Loan (EIDL) Program. If your business has suffered substantial economic injury, you may qualify for an EIDL. EIDLs provide working capital to help businesses survive until normal operations resume after a disaster. The SBA can provide up to $2 million to help meet financial obligations and operating expenses that could have been met had the disaster not occurred.

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Application Filing Deadline:  December 18, 2020

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