Eligible Businesses

  • Be a for-profit, privately held small business that maintains a place of business in the state of Florida.
  • Be located in a designated disaster area. The following counties are currently eligible: Hurricane Michael: Alachua, Baker, Bay, Bradford, Calhoun, Citrus, Columbia, Dixie, Escambia, Franklin, Gadsden, Gilchrist, Gulf, Hamilton, Hernando, Hillsborough, Holmes, Jackson, Jefferson, Lafayette, Leon, Levy, Liberty, Madison, Manatee, Okaloosa, Pasco, Pinellas, Santa Rosa, Suwanee, Taylor, Union, Wakulla, Walton and Washington.  Red Tide: Brevard, Broward, Charlotte, Collier, Hillsborough, Indian River, Lee, Manatee, Martin, Miami-Dade, Palm Beach, Pinellas, Sarasota and St. Lucie.
  • Be established prior to October 7, 2018, for Hurricane Michael and August 13, 2018, for Red Tide.
  • Be able to demonstrate physical damage and/or economic injury as a result of the designated disaster. The need for the loan and use of proceeds must be directly related to the physical damage and/or economic injury caused by the designated disaster.
  • Be an employer business with up to 100 employees for the Hurricane Michael program or an employer business with a minimum 2 and maximum of 100 employees for the Red Tide program.  Documentation of employee compensation must be provided at the time of application.
  • The following list of business types are not eligible for assistance because of the activities they conduct:
    • Businesses deriving more than one-third of gross annual revenue from legal gambling activities;
    • Businesses engaged in any illegal activity;
    • Businesses that present live performances of an indecent sexual nature or derive directly or indirectly more 2.5% of gross revenue through the sale of products or services, or the presentation of any depictions or displays, of an indecent sexual nature;
    • Businesses that have a primary purpose of facilitating polyamorous relationships;
    • Massage parlors;
    • Hot tub facilities; and
    • Escort services.


Note: Must have paid in full previous loans received from the state emergency bridge loan program. Any outstanding bridge loan must be repaid in full prior to application submission for these events.

Loan Requirements

    • Loans will be made to individuals who, individually or collectively, own at least 51% of the equity of the business.  Only one loan may be made per eligible business.
    • A borrower will be required to sign an agreement that the proceeds of the loan will be used only for purposes of maintaining or restarting the business in the designated area.  Use of proceeds to pay off debts already incurred for qualifying business maintenance or restart purposes may be authorized on a case-by-case basis.
    • A borrower will be required to certify that the proceeds of insurance claims, other loans applied for or to be applied for, or other financial assistance will be used to repay the loan.

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