FLA LEG Small Business Bridge Loans


On Aug. 6, FLA LEG reported emergency loans after Hurricane Debby.


  • FLA LEG governor Desantis issued updates on Debby response and recovery efforts.
  • Including Small business emergency bridge loan to support local impacted businesses.
  • Follows FLA OFR proclamation to banks and securities professionals re storm, #221779
  • State Response Efforts
  • Florida DOT emergency response personnel completed preliminary assessments of state roads. 181 FDOT crews performed cut-and-toss operations removing road debris.
  • State roadways are now clear except for inaccessible and flooded roadways.
  • FLA Division of Emergency Management (FDEM) is mobilizing 9 points of distribution (PODs) in Dixie, Jefferson, Lafayette, Manatee, Taylor counties to provide food, water.
  • Mobilized 3 logistical staging areas in multiple regions of State to ensure food, water, tarps, shower trailers, pumps, flood protection devices, staff can quickly deploy.
  • About 9,400 feet of flood protection devices deployed to critical infrastructure sites to protect against flooding in schools, health care facilities, public works, lift stations.
  • Small Business Emergency Bridge Loan
  • The loan makes $10mn available for businesses impacted by Hurricane Debby.
  • The program provides short-term, zero-interest loans to small businesses that experienced economic injury or physical damage due to Hurricane Debby.
  • Application Deadline
  • Interested applicants can apply through Sep. 30, 2024, or until all funds expended.

Regulators FLA LEG
Entity Types CNSM; Corp
Reference PR, 8/6/2024;
Functions BCS; Financial; Operations
Countries United States of America
Category
State
Products Corporate; Loan
Regions Am
Rule Type Final
Rule Date 8/6/2024
Effective Date 9/30/2024
Rule Id 222189
Linked to Rule :221779
Reg. Last Update 8/6/2024
Report Section US Consumer

Last substantive update on 08/09/2024