Florida Emergency Bridge Loan - COVID-19 · 2020. 3. 23. · Assist in the coordination and...
Transcript of Florida Emergency Bridge Loan - COVID-19 · 2020. 3. 23. · Assist in the coordination and...
Florida Emergency Bridge Loan - COVID-19
Helping Businesses
Grow & Succeed
Helping Bridge the Gap During DisastersFlorida SBDC at FGCU
State Designated as Florida’s Principal Provider of Business Assistance [§ 288.001, Fla. Stat.]
HOW TO REACH US...
Contact us directly:Florida SBDC @ FGCU
(239) 745-3700We are currently experiencing
high call volume. Please leave a message with your name and
phone number and we will return your call as soon as
possible or email us,[email protected]
HOW WE CAN HELP?
help complete
BRIDGEloans
Assist in the coordination and administration of the Florida Small Business Emergency Bridge Loan program, while assisting applicants
with SBA Business disaster Loan process
WHAT YOU NEED TO KNOW…
BRIDGE loans
• Eligible Florida Counties: All 67 counties in Florida.• For-profit, privately held small business in Florida• Deadline to Apply: May 8, 2020• Apply Online: http://www.floridadisasterloan.org/• Maximum Amount: $50,000, interest free• Term: maximum of 1 year• 12.5% interest rate if not repaid or taken out in one year• Must have 2- 100 employees
Short-term, interest-free working capital intended to "bridge the gap" between the time a disaster hits and when a business secures longer-term recovery assistance
REQUIRED DOCUMENTATION
•Driver’s License•Signed application by owner(s) of 51% +•2 years business tax returns•2 years personal tax returns•Interim P&L for 2020 (optional)•Documentation of minimum 2 employees
compensation (W-2 and/or 1099)•Additional information may be requested
HERE’S HOW IT WORKS…
State Designated as Florida's Principal Provider of Business Assistance [§288.001, Fla. Stat]
No cost, confidential, one-on-one assistancefor all stages of your business!
The Florida SBDC at Florida Gulf Coast University is a member of the Florida SBDC Network, a statewide service network funded in part through a cooperative agreement with the U.S. Small Business Administration.
Learn more onlinewww.FSBDCSWFL.org