Emergency loans for small businesses hit by Matthew in FloridaStaff Writer | October 10, 2016
Governor Rick Scott activated Florida’s Small Business Emergency Bridge Loan Program to support small businesses impacted by Hurricane Matthew.
Natural disaster For owners of businesses with 2 to 100 employees
Governor Scott said, "While Floridians across the state did all they could to prepare for Hurricane Matthew, this was massive and devastating storm that caused heavy damage throughout our state.
"I have toured areas throughout Brevard, Volusia, Duval, and Flagler Counties and have seen the shattering effects this disaster had on families and small businesses. Restoring Florida’s small businesses is crucial to helping our communities recover from Hurricane Matthew and the Bridge Loan Program will help provide much needed assistance.
"We will continue to use every available resource to help restore our resilient communities."
Owners of small businesses with two to 100 employees located in 67 counties affected by Hurricane Matthew can apply for short-term loans for up to $25,000.
Loans are granted in terms of 90 or 180 days and are interest-free for that time period.
To be eligible, a business must have been established prior to October 3, 2016, and demonstrate economic or physical damage as a result of Hurricane Matthew. ■