Ditchmen • NUCA of Florida Ditchmen • September 2016 | Page 18
when a business secures
other financial resources,
including payment of
insurance claims or longerterm loans. Up to $10
million from the General
Revenue Fund has been
allocated for the program.
DEO Executive Director
Cissy Proctor said, “Small
businesses across the state
have been impacted by
Hurricane Hermine. We
know that small businesses
are the backbone of
Florida’s economy, and
DEO is working to ensure
they have the tools they
need to get up and running
as quickly as possible.”
Owners of small
businesses with two to
100 employees located
in 51 counties affected by
Hurricane Hermine can
apply for short-term loans
for up to $25,000. Loans
are granted in terms of
90 or 180 days and are
interest-free for that time
period. To be eligible, a
business must have been
established prior to August
31, 2016, and demonstrate
economic or physical
damage as a result of
Hurricane Hermine.
To complete an application
by the Oct. 31 deadline, or
for more information on
the program, visit www.
floridadisasterloan.org.
For questions regarding
the Emergency Bridge
Loan Program, contact
the Florida Small Business
Development Center
Network state office at
850-898-3489.
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