posted on March 30, 2020 15:34
*The SBA is the pre-existing national agency appointed to dispersing this Congressional funding.
Please view the important LINKS BELOW related to applying for a Small Business Administration (SBA) Disaster Loan (now available to small businesses as a result of recently passed economic relief package passed in the lower and upper houses of the US Congress) as well as information on how to apply for an Economic Injury Disaster Loans and Loan Advance, COVID-19 Economic Injury Disaster Loan, and the Florida Small Business Emergency Bridge Loan Program (currently available to small business owners located in all Florida counties statewide that have experienced economic damage as a result of COVID-19).
COVID-19 ECONOMIC INJURY DISASTER LOAN APPLICATION
- To apply for a SBA Disaster Assistance: https://www.sba.gov/funding-programs/disaster-assistance
- To apply for a COVID-19 Economic Injury Disaster Loan, click here.
- To apply for a Florida Small Business Emergency Bridge Loan Program (currently available to small business owners located in all Florida counties statewide that experienced economic damage as a result of COVID-19) click. https://floridadisasterloan.org/
According to the Small Business Administration: In response to the Coronavirus (COVID-19) pandemic, small business owners in all U.S. states, Washington D.C., and territories are eligible to apply for an Economic Injury Disaster Loan advance of up to $10,000. The SBA’s Economic Injury Disaster Loan program provides small businesses with working capital loans of up to $2 million that can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing. The loan advance will provide economic relief to businesses that are currently experiencing a temporary loss of revenue. Funds will be made available within three days of a successful application, and this loan advance will not have to be repaid.
Economic Injury Disaster Loans are also available to residents in declared disaster areas. To view the full list of disaster declarations, click here.
To apply for a disaster loan unrelated to COVID-19, click here.
Other useful links:
o List of all declared disasters
o Contact information
o Disaster loans FAQ
o Document delivery options for COVID-19 disaster