Types of Disaster Loans 

Florida Small Business Bridge Loan Program

When activated by the Governor, the Florida Small Business Bridge Loan Program, administered by the Florida Department of Economic Opportunity in collaboration with Florida First Capital Finance Corporation (FFCFC) and the Florida SBDC Network, provides short-term, interest-free working capital loans intended to help impacted businesses “bridge the gap” between the time a major catastrophe hits and when a business has secured long-term recovery resources, such as insurance claims or federal assistance. Eligible businesses with two to 100 employees may apply for loans up to $25,000 for 90 or 180-day terms. Visit www.FloridaDisasterLoan.org for full details. If you need assistance in securing a Bridge Loan after a disaster, please contact our main office at 813-905-5800.

Activated: Hurricane Irma

U.S. Small Business Administration (SBA)
Business Physical Disaster Loans

Businesses and most private non-profit organizations located in a declared disaster area that incurred damage during a disaster may apply for a low-interest loan to help replace or restore damaged property if federal assistance is activated. SBA makes physical disaster loans of up to $2 million to qualified businesses and most private non-profit organizations. Visit www.SBA.gov for full details.

Activated: Hurricane Irma

  • Eligible Florida Counties: Broward, Charlotte, Clay, Collier, Duval, Flagler, Hillsborough, Lee, Manatee, Miami-Dade, Monroe, Palm Beach, Pinellas, Putnam, Sarasota and Saint Johns
  • Deadline to Apply:  November 9, 2017
  • Apply Online:  https://disasterloan.sba.gov/ela

U.S. Small Business Administration (SBA)
Economic Injury Disaster Loans (EIDL)

If federal assistance is activated and you are in a declared disaster area, have suffered substantial economic injury regardless of physical damage, and you are a small business, small agricultural cooperative, or private nonprofit organizations, you may qualify for an EIDL. EIDLs provide working capital to help businesses survive until normal operations resume after a disaster. SBA can provide up to a maximum of $2 million to help meet financial obligations and operating expenses. A business may qualify for both an EIDL and a physical disaster loan, not to exceed the maximum of $2 million. Visit www.SBA.gov for full details.

Activated: Hurricane Irma

  • Eligible Florida Counties: Alachua, Baker, Bradford, Broward, Charlotte, Clay, Collier, Desoto, Duval, Flagler, Glades, Hardee, Hendry, Highlands, Hillsborough, Lee, Manatee, Marion, Martin, Miami-Dade, Monroe, Nassau, Okeechobee, Palm Beach, Pasco, Pinellas,  Polk, Putnam, Sarasota, Saint Johns, and Volusia
  • Deadline to Apply:  June 11, 2018
  • Apply Online:  https://disasterloan.sba.gov/ela

Activated: Secretary of Agriculture Drought Declaration

  • Deadline to Apply: January 10, 2018


Disaster Assistance App

As part of its service offering, the Florida SBDC  offers Bizaster, a free mobile disaster assistance app. Bizaster, available in both English and Spanish for Android and iOS,  features risk assessments, customizable checklists, and other resources to help businesses prepare, respond, and recover from natural and man-made disasters. Bizaster can be downloaded from the App Store or via Google Play.

Additional Resources