Was your Pinellas business impacted by Hurricane Hermine?
Florida's Emergency Bridge Loans and SBA Loans are Available
The U. S. Small Business Administration (SBA) has opened Business Recovery Centers (BRC) at The Florida SBDC at USF at Port Tampa Bay, 1101 Channelside Drive, #210, Tampa, Florida (Mon.-Fri., 8 a.m. – 5 p.m) and the West Citrus Center, Citrus County, 1540 N. Meadowcrest Blvd., Crystal River, FL 34429 (Mon.-Fri., 9 a.m. – 5.p.m). These centers can help businesses impacted by Hurricane Hermine.
Low interest loans from the U.S. Small Business Administration are available to help with business losses not covered by insurance. Information on SBA disaster loans may be obtained by calling (800) 659-2955 and (800) 877-8339 (TTY) or by going online. The Small Business Administration filing deadline to return applications for physical property damage is Nov. 28, 2016. Applicants may apply online using the Electronic Loan Application (ELA) via SBA’s secure website at https://disasterloan.sba.gov/ela. The deadline to return economic injury applications is June 28, 2017.
Florida businesses impacted by Hurricane Hermine may also apply for short-term, interest-free loans through the Florida Small Business Emergency Bridge Loan Program. The bridge loan program helps bridge the gap for small businesses between the time impact occurs and when other resources become available, including insurance claims or federal assistance. The deadline to apply is October 31, 2016. To complete an application by the Oct. 31 deadline, or for more information on the program, visit http://www.floridadisasterloan.org..
For questions regarding the Florida Emergency Bridge Loan Program or SBA Disaster Loans, contact the Florida Small Business Development Center at Pinellas County or phone (727) 453-7200 for further assistance.
Updates and Alerts During an Emergency
- Florida Virtual Business Emergency Operations Center: Find disaster resources for business, before, during and after the storm at the Florida Virtual Business Emergency Operations Center. Direct communications to ESF-18 | Business registration Preparedness information | Resource identification | Disaster situation reports | Research on business needs | Community outreach and more at http://flvbeoc.org
Updates Hurricane Hermine Assistance
Emergency Bridge Loan Program Activated to Aid Pinellas County Businesses
Impacted by Hurricane Hermine
Florida SBDC at Pinellas County Economic Development Stands Ready to Assist and
Encourages Businesses to Complete Disaster Assessment
PINELLAS COUNTY, FL (September 7, 2016) - - Florida businesses that have been impacted by Hurricane Hermine may now apply for short-term, interest-free loans through the Florida Small Business Emergency Bridge Loan Program. Activated yesterday by Governor Rick Scott, the bridge loan program helps bridge the gap for small businesses between the time impact occurs until other resources are available, including insurance claims or federal assistance. The deadline to apply is October 31, 2016. Governor Scott has allocated $10 million from the General Revenue Fund for the program.
Under the program, eligible small businesses with two to 100 employees can apply for loans for up to $25,000 for 90 or 180-day terms. To be eligible, a business must have been:
- established prior to August 31, 2016,
- be located in the 51 affected counties, and
- demonstrate economic or physical damage as a result of Hurricane Hermine.
Pinellas County is currently approved for the emergency bridge loan program, and businesses impacted by the storm that have incurred losses due to Hurricane Hermine are asked to complete a Business Damage Assessment Survey. The survey will help the State Emergency Response Team determine the needs and level of assistance for impacted businesses. To take the survey, please visit http://flvbeoc.org/index.php?action=bda.
The Florida SBDC Network, the state's principal provider of business assistance, can provide confidential, no-cost consulting to help affected businesses prepare disaster loan applications and with other post-disaster challenges.
In Pinellas County, local businesses may contact the Florida SBDC at Pinellas County Economic Development with questions and for assistance at (727) 453-7200.
Personalized Business Continuity Plans with SBDC Business Consultants
If you'd like to make an appointment to prepare a personalized business continuity plan for your company, please make an appointment by clicking here.
Emergency Notifications: Sign up for Alert Pinellas online or phone (866) 484-3264 to sign up for emergency notifications. Alert Pinellas is an emergency notification service. It is FREE to Pinellas residents and will give us multiple ways to get the word to you whenever an urgent situation arises. All you have to do is register your contact information with Alert Pinellas and an automated message will be sent to alert you to local emergencies. Contact information remains protected and confidential. Residents can receive notifications through their mobile devices, computers and landlines. Each member of the household can register.
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