#COVID-19 Florida Small Business Emergency Bridge Loan (EBL) Program

Florida Small Business Emergency Bridge Loan (EBL) Program

Managed by: Florida Department of Economic Opportunity (DEO).

Application period: March 17, 2020 through May 8, 2020.
Application period is also contingent upon fund availability.

Eligibility: Small business owner with two to 100 employees.
All Florida counties are eligible.
Business opened before March 9, 2020.
Economic injury.

Amount: Up to $50,000. This is a loan NOT a grant.
Terms: 0% interest for one year. 12% after that.

Telephone: 833-832-4494
Email: Disaster@FloridaSBC.org

Web site: Emergency Bridge Loan

Apply for this first, as it is designed to be a faster process than SBA or federal assistance.

Typically, borrowers have the intent to repay the EBL with an SBA disaster loan; bank loan; or other resources, like revenues, that will be available in the future.

We are here to guide you through this process and anything else to help you get through COVID-19. Email info@accpas.com. Please put COVID-19 in the subject line. Or call us at 727-327-1999.

In addition to the monthly newsletter and weekly blog we will be sending COVID-19 updates through “Email Updates”.
Follow McAtee & Associates on your preferred social media for additional COVID-19 updates.

We encourage businesses outside of Florida to check with their state agencies about Emergency Bridge Loans.

This entry was posted in Covid-19, General Interest and tagged , . Bookmark the permalink.

Leave a Reply

Your email address will not be published.