Project – Florida

Under the Florida Small Business Emergency Bridge Loan Program, loans of up to $50,000 — $100,000 in certain special cases — are available to coronavirus-affected small businesses. The loans are meant to serve as short-term funding that can be repaid once businesses can access alternative funding. Loans are interest-free for one year; after that, the interest rate rises to 12%.

Who’s eligible: For-profit small businesses with two to 50 employees. Any previous bridge loans a business has taken out must be paid off.

How to apply: Submit an application by May 8, 2020, along with supporting documents including business tax returns, individual tax returns and employer tax documentation.

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