- Public Policy
|COVID-19 Emergency Lending Resources|
COVID-19 Emergency Lending Resources
Apply online at www.floridadisasterloan.org. Applicant (or applicants, if a group loan) must be at least 51% owner of the business. Documents required for each applicant by upload during application: a copy of their driver’s license, front and back; two years of both personal and business tax returns, proof of wages paid to at least two employees, either W2 or 1099 employees. No paper documents are being accepted.
SunTrust, now Truist
Contact Brandon Hogue via email with Medical Specialty Commercial Banking. Existing customers of SunTrust/Truist will take priority.
Physician must call the local bank for the details and discuss their specific situation with them. No specific COVID program at this time.
Have several different programs such as the Coronavirus Aid, Relief & Economic Security (CARES) Act loan which they can generally turn around quickly for amounts up to $350,000. Carlos Morell is the contact person: email or call (407) 563-0226.
Below and click here to find some information regarding solutions that are currently available:
Bank of America
Contact Yoisleymi Marrero, AVP /Small Business Banker, Small Business Banking, (786)575-4845 or by email.
Small Business Administration
Small Business Administration Opens COVID-19 Economic Injury Loans to Florida Small Businesses
Applications will be accepted by qualified for-profit, privately held small businesses that maintain a place of business in the state of Florida. All qualified applicants must have been established prior to March 9, 2020, and suffered economic injury as a result of the designated disaster. Qualified small business applicants must be an employer business with 2 to 100 employees. https://floridadisasterloan.org/
SBA - The Small Business Administration has published a Three Step Process to apply for Disaster Relief Loans (Economic Injury). The website to apply online is https://disasterloan.sba.gov/ela. For more information you may also click here: https://www.sba.gov/funding-programs/disaster-assistance.