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  • Home
  • COVID-19 RESOURCES
    • COVID-19 Resource Center
    • MRC Virtual Resource Series
    • Chamber's COVID Impact Statement
    • Chamber Updates >
      • COVID-19 Update March 24
      • COVID-19 Update - March 16
      • COVID-19 Update March 19
    • Florida Bridge Loan
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    • 95-Year Anniversary Campaign
    • About Us
    • Our History
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    • Member Press Releases
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    • Members' Calendar
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    • 2020 Signature Events >
      • Impact Awards
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      • Valor Awards
      • Pro-Am Golf Tournament
      • Hero Appreciation Week
    • Join Mailing List
    • Ribbon Cutting Request Form
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    • Councils >
      • BBC
      • SCT
      • EYP
      • NPC
      • VRBA
      • WE
    • Committees >
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    • ELECTION UPDATE
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Update from the Chamber President
RESOURCE CENTER HOME
ACTIVATED
​

FLORIDA SMALL BUSINESS EMERGENCY BRIDGE LOAN

Today, Governor Ron DeSantis announced the activation of the Florida Small Business Emergency Bridge Loan Program to support small businesses impacted by COVID-19. The bridge loan program provides short-term, interest-free loans to small businesses that experienced economic injury from COVID-19.
 
The application period opens March 17, 2020 and runs through May 8, 2020. Basic information include
 
Applicant:
Loans will only be made to an individual or individuals who own, individually or collectively, at least 51% of an Eligible Business. The Eligible Business owners must serve as guarantor for the loan and only one loan may be made per Eligible Business.
 
Amount (Max):
Businesses with less than two (2) employees: $25,000 per Business Max
Business with two (2) to 100 Employees: $50,000 per Business Max
(loans of up to $100,000 may be made in special cases)
 
Terms:
All loans will be due one (1) year from the date of the promissory note
 
Interest:
Loans are interest free for the term (1 year) of the loan
 
                                                                           The application form and additional details can be found at FloridaDisasterLoan.org.
 
 
 

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Melbourne, FL 32901-4782
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