This is a public service from Golden Media Corp to Florida Businesses Looking For The No Interest
Florida Small Business Emergency Bridge Loan Program
After Hurricane Helene & Hurricane Milton From The State of Florida 2024
Golden Media Corp and/or associates are not related in any way with the State of Florida or government or providing any kind of recommendations or advice to Florida Businesses. This website is just to help Florida Business Find the Information and Help They Need Fast . (This information was found https://floridacommerce.my.site.com/RebuildFloridaBusinessLoanFund/s/loan-programs?program=emergency-bridge-loan)
For Information Purposes Only
Florida Small Business Emergency Bridge Loan Program
The Florida Small Business Emergency Bridge Loan program provides short-term, zero-interest working capital loans that are intended to “bridge the gap” between the time a disaster impacts a business and when a business has secured longer term recovery funding such as federally or commercially available loans, insurance claims or other resources.
Loans made under this program are short-term, personal loans using State of Florida funds – they are not grants and must be repaid. Florida Small Business Emergency Bridge Loans require repayment by the approved applicant. Owners may utilize funding from longer term financial resources, such as U.S. Small Business Administration economic injury disaster loans, to repay the Emergency Bridge Loan.
Lending Guidelines:
Eligibility requirements:
Your business must be located in Florida.Your business must have been established prior toSeptember 23, 2024 (Hurricane Helene) or October 5, 2024 (Hurricane Milton).Your business must be located in an eligible county.
Hurricane Helene
specific eligible counties:
Calhoun,
Bay, Escambia, Franklin, Gadsden, Gulf, Holmes, Jackson, Jefferson, Leon, Liberty, Okaloosa, Santa Rosa, Wakulla, Walton, and Washington.
Hurricane Milton
specific eligible counties: Broward, Indian River, Martin, Miami-Dade, Palm Beach and St. Lucie.
Counties eligible under
Hurricane Helene
and
Hurricane Milton:
Alachua, Baker, Bradford, Brevard, Charlotte, Citrus, Clay, Collier, Columbia, DeSoto, Dixie, Duval, Flagler, Gilchrist, Glades, Hamilton, Hardee, Hendry, Hernando, Highlands, Hillsborough, Lafayette, Lake, Lee, Levy, Madison, Manatee, Marion, Monroe, Nassau, Okeechobee, Orange, Osceola, Pasco, Pinellas, Polk, Putnam, Sarasota, Seminole, St. Johns, Sumter, Suwannee, Taylor, Union and Volusia.
Your business must have been economically injured or physically damaged byorHurricane Helene or Hurricane Milton.Businesses with less than 100 employees, including sole proprietors, are eligible.Credit Score of 600 or above.
Loan terms:
Max Amount: up to $50,000 (Maximum Amount for Agriculture or Aquaculture is $100,000)Term: One yearLoans may only be made to individuals who own at least 51% of an Eligible Business.The Borrower(s) and Eligible Business must serve as guarantors for the loan.Only one loan may be made per Eligible Applicant.
Ineligible Businesses include short term rentals, those engaged in illegal activities, loan packaging, speculation, multi-sales distribution, gambling, investment or lending or where the owner is on parole.
Required Documents:
The following documents are required for all owners on the application to be considered complete:
A copy of the owner(s) driver's license(s) or passport(s) for all owners on the application. This must include the front and back of the document.Current Business Tax Return, Most Current Year (All Pages)at a minimum, previous year’s Federal income tax returns for the applicant’s business, including all schedules, such as Form 1040, Form 1065, Form 1120, and Form 1120S (as applicable).Current Personal Tax Return, Most Current Year (All Pages) for all owners on the application.Documentation showing minimum of 2 employees or sole proprietorship (independent contractors or 1099s do count as employees). Documentation can be copies of employees’ W-2s, IRS Form 941 and/or Employer's Quarterly Federal Tax Return. Sole proprietors may also submit a copy of their business license.Copy of a voided check
IRS transcripts are accessible at
https://www.irs.gov/individuals/get-transcript
Additional Documentation:
You will need to complete all sections and upload all required documents for your application to be considered complete and proceed to the review and loan decision process.
If you have any additional questions regarding our loan programs, please call 833-832-4494
(Monday through Thursday 9am-6om, Friday 8am-4pm)
.
We are praying for everyone suffering through this process and also all of the volunteers and officers that are working tireless to help in any way possible.
Copyright © Golden Media Corp. All Rights Reserved. We are not attorneys, accountants, financial advisors, we are not providing advice in any way or form or in no way related to the State of Florida or the government. This is just a public service site to provide easy access to information in a time of crises.
305-363-6489