Of the $50M authorized for bridge loans (up to $50K) to help businesses survive damage from Hurricane Ian, $2.5M has been disbursed so far across nine counties.
PORT CHARLOTTE, Fla. – The Florida Small Business Emergency Bridge Loan Program has disbursed 5% of its allocated money so far – $2.5 million – according to Gov. Ron DeSantis.
The program provides $50 million in short-term, zero-interest loans to small businesses harmed financially or physically by Hurricane Ian. Of that total, $10 million is dedicated to agricultural businesses. Small businesses in the most impacted counties – Charlotte, Collier, DeSoto, Hardee, Lee, and Sarasota – will be escalated and prioritized as they are received.
Eligible counties for emergency bridge loans
- St. Johns
Interested applicants can apply now through Dec. 2, 2022, or until all available funds are expended. To find more information or apply for a bridge loan, visit the Florida Department of Economic Opportunity website.
Loans approved so far
- 28 in Lee County receiving loans totaling $1.27 million
- 8 in Collier County receiving loans totaling $355,000
- 6 in Hillsborough County receiving loans totaling $300,000
- 4 in Charlotte County receiving loans totaling $175,000
- 3 in Sarasota County receiving loans totaling $150,000
- 2 in Manatee County receiving loans totaling $100,000
- 2 in Lake County receiving loans totaling $75,000
- 1 in Monroe County receiving $50,000
- 1 in Highlands County receiving $50,000
For more information on Hurricane Ian recovery efforts and survivor options, visit Florida Realtors Hurricane Recovery Center.
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