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Florida Small Business Emergency Bridge Loan

The Florida Small Business Emergency Bridge Loan is currently available to small business owners in all Florida counties statewide that have experienced economic damage as a result of COVID-19. These short-term, interest-free working capital loans are intended to “bridge the gap” between the time a major catastrophe hits and when a business has secured longer term recovery resources, such as sufficient profits from a revived business, receipt of payments on insurance claims, or federal disaster assistance.

Amount: Up to $50,000 per eligible small business. Loans of up to $100,000 may be made in special cases as warranted by the need of the eligible small business.

NOTE: Loans made under this program are short-term debt loans made by the state of Florida using public funds—they are not grants. Florida Small Business Emergency Bridge Loans require repayment by the approved applicant from longer-term financial resources.

Eligibility requirements include:

  1. The business must have been established and actively operating a business physically located in Florida prior to the date of the designated disaster (March 9, 2020). For purposes of this eligibility requirement, actively operating an established business means carrying out the performance of activities for the production of income from selling goods or performing services.
  2. Business must be a for-profit, privately held small business that has or had a minimum of two (2), but no more than one hundred (100), employees within the previous year of the date of the declared disaster (March 9, 2020). For purposes of this eligibility requirement, a minimum of two employees means the aggregate number of W-2 employees, “1099 employees” (i.e., independent contractors) and leased employees.
  3. The business must have repaid, in full, any previous Florida Small Business Emergency Bridge Loan.
  4. The business applicant must demonstrate that the business has suffered a significant economic injury and is unable to pay current ordinary and necessary operating expenses as a result of COVID-19.

Required documents:

  1. Business tax statements (previous two years; if unavailable, provide an explanation)
  2. Employer tax statements (e.g., IRS Forms 941, W-3, W-2s, 1099-MICSs)
  3. Personal income tax returns for each applicant (previous two years)
  4. Other support documents – if necessary (e.g., interim financial statements, letters of explanation like low credit, etc.)
  5. Scan and save each as PDF documents to upload the online application.

Apply for the Florida Small Business Emergency Bridge Loan via the Florida Department of Economic Opportunity website.

Florida First Coast Relief Fund

To help neighbors most affected by COVID-19 disruption, The Community Foundation for Northeast Florida, Jessie Ball duPont Fund, Jewish Federation and Foundation of Northeast Florida, United Way of Northeast Florida and United Way of St. Johns County are re-activating Florida's First Coast Relief Fund. The fund will assist local organizations helping those in Northeast Florida affected by this public health crisis.

Florida's First Coast Relief Fund was created in 2016 to help nonprofit organizations serve individuals and families in need during a community crisis. The Relief Fund for COVID-19 will provide much-needed resources to struggling families by supporting local organizations who deliver essential human services to residents disproportionately burdened by this public health crisis.

To learn more and to access the application, visit the United Way of Northeast Florida website.

Southwest Florida Community Foundation Emergency Relief Fund

The Southwest Florida Community Foundation in partnership with United Way of Lee, Hendry, Glades and Okeechobee has created the SWFL Emergency Relief Fund in response to COVID-19 to serve our neighbors in Southwest Florida.

The fund will provide resources to local organizations working to provide aid to those impacted by the coronavirus outbreak. The fund is designed to complement the work of public health officials and local government to expand local capacity to address all aspects of the outbreak as efficiently as possible.

The Community Foundation will proactively work with the United Way as they identify potential grant recipients and solicit guidance on potential recipients from other community funders and advisors. Funds will be released on a rolling basis as fundraising continues through the outbreak and recovery phases of the crisis making it possible to move resources quickly and adapt to evolving needs.

No fees are charged for relief funds, donors have the option to cover credit card fees.

To learn more and to access the application, visit the Southwest Florida Community Foundation website.

Additional Resources:

Visit our Economic Resources and Relief Guide to review nationwide and statewide opportunities for businesses, non-profits, and individuals.

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