FloridaCommerce Activates $15 Million Emergency Loan Program for Businesses Impacted by Hurricane Helene

FloridaCommerce has initiated the Florida Small Business Emergency Bridge Loan Program, making $15 million in funding available to support small businesses affected by Hurricane Helene. The program is designed to provide short-term, zero-interest loans to businesses that have suffered economic injury or physical damage due to the recent storm.

Small business owners in need of financial assistance are encouraged to apply through FloridaJobs.org/EBL. The application window is open until November 24, 2024, or until all allocated funds are exhausted. The Emergency Bridge Loan Program aims to help businesses recover by offering immediate relief, ensuring that they can continue operating as they address longer-term recovery needs.

The initiative seeks to stabilize the state’s economy in the wake of the hurricane by providing crucial financial support to businesses during this challenging time. Eligible businesses are urged to apply promptly, as demand is expected to be high.

FloridaCommerce's activation of the loan program demonstrates a commitment to helping local economies and communities rebuild in the aftermath of the storm.