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,sbdc@fgcu.edu

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