Florida

Amount — Up to $50,000 (up to $100,000 in special cases) for COVID-19 affected small businesses

Purpose — Loans designed to provide short-term funding and to be repaid once businesses can secure alternative funding

Interest Rate — Interest-free for one year, after which interest rises to 12%

Eligibility –

For-profit SMBs with 2-50 employees
Previous bridge loans must have been repaid

Docs Required — Provide business and individual tax returns and employer tax documentation

How to Apply — Apply online by May 8

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Last Updated — March 31, 2019

 
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