Emergency Bridge Loan FAQs

What are the terms of the Florida Small Business Emergency Bridge Loan Program? Eligible Florida small business applicants can apply for an interest-free, 1-year working capital loan for up to $50,000. For purposes of the Emergency Bridge Loan Program, an amount greater than the program maximum ($50,000), up to $100,000 may be applied and awarded if there is…

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FLC COVID-19 Update: DeSantis Executive Orders: Public Meetings, Alcohol Sales, Restaurants & Bars

Today, Gov. DeSantis issued three executive orders (EO-69, EO-70 and EO-71) regarding local government public meetings, the closure of certain beaches, and alcohol sales, restaurants and gyms, respectively. All of these orders are linked above and available on our Coronavirus Resources page. Following the issuance of EO-69 (Public Meetings), the League sent a letter to Florida’s municipal attorneys summarizing the…

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Small Business Association Makes Disaster Loans Available To Florida Businesses Impacted By Coronavirus

Small businesses are an integral part of the fabric of Lake Park. Unfortunately, the COVID-19 pandemic has already begun to negatively impact small businesses here and across the country, and no one knows how long this will last. In order to help mitigate this situation, the Small Business Association (SBA) announced that, beginning today (March…

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SMALL BUSINESS TASK FORCE UNVEILS $300 BILLION EMERGENCY CORONAVIRUS RELIEF PACKAGE

Washington, D.C. — U.S. Senator Marco Rubio (R-FL), Chairman of the Senate Committee on Small Business and Entrepreneurship, Senator Susan Collins (R-ME), Chairman of the Senate Special Committee on Aging, and Senator Lamar Alexander (R-TN), Chairman of the Senate Committee on Health, Education, Labor, and Pensions, released the Keeping Workers Paid and Employed Act, a $300 billion small…

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SBA Economic Injury Disaster Loans for Pinellas small businesses impacted by COVID-19

PINELLAS COUNTY, FL (March 19, 2020) The U.S. Small Business Administration is offering low-interest federal disaster loans for working capital to Florida small businesses suffering substantial economic injury as a result of COVID-19. SBA Economic Injury Disaster Loans offer up to $2 million in assistance per small business and can provide vital economic support to small businesses…

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