Business Resources (COVID-19)

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Collier CARES

Learn more about Collier CARES.

Assistance for Small Businesses

The Paycheck Protection Program prioritizes millions of Americans employed by small businesses by authorizing billions toward job retention and certain other expenses.

Small businesses and eligible nonprofit organizations, Veterans organizations, and Tribal businesses described in the Small Business Act, as well as individuals who are self-employed or are independent contractors, are eligible if they also meet program size standards.

The recent passage of a new COVID-19 relief package has expanded allowable and forgivable uses of PPP funds to include certain technology expenses, property damage due to public disturbances that are not covered by insurance, certain expenditures to a business supplier, and costs of personal protective equipment required to comply with federal, state, or local safety guidelines.  The package has also made modifications to other programs such as the Economic Injury Disaster Loan and microloans.  For more information on the PPP program and other small business supports visit:  https://www.sba.gov/funding-programs/loans/coronavirus-relief-options

For assistance in completing these applications, contact your local Florida Small Business Development Center (SBDC) office at [email protected] or 239-745-3700.

Learn more about FGCU's RESTART SWFL Economic Recovery Initiative

News & Resources

Tallahassee, Fla. – Today, (January 8, 2021) Governor Ron DeSantis announced the expansion of lending guidelines for the Rebuild Florida Business Loan Fund recently approved by the United States Economic Development Administration (EDA). The Rebuild Florida Business Loan Fund, administered by the Florida Department of Economic Opportunity (DEO) in partnership with EDA, is a revolving loan fund that targets industries identified by the state as key strategic markets for future growth and resiliency.

“My administration is committed to ensuring that Florida businesses remain strong and resilient,” said Governor DeSantis. “The expansion of lending guidelines for the Rebuild Florida Business Loan Fund program allows the state to provide access to capital that certain businesses may otherwise not be able to access.”

Up to $2.5 million in financing is now available for a single business applicant through the Rebuild Florida Business Loan Fund. Loan participation with third-party lenders is also now available. These changes to lending guidelines will assist Florida businesses by offering higher funding levels at below-market interest rates and expand the Rebuild Florida Business Loan Fund’s availability to Florida businesses.

“Now more than ever, it is important for DEO to continue to champion programs that help Florida businesses gain access to affordable capital,” said Florida Department of Economic Opportunity Executive Director Dane Eagle. “The expansion of lending guidelines for the Rebuild Florida Business Loan Fund is an example of our commitment to ensure Florida businesses have resources available to continue to grow and prosper.”

In all Florida counties, up to $40 million is available to small businesses to create and enhance the diversification and resiliency of Florida’s economy. An additional $10 million is available to assist small businesses located in the following counties impacted by Hurricane Michael:  Bay, Calhoun, Franklin, Gadsden, Gulf, Holmes, Jackson, Leon, Liberty, Taylor, Wakulla, and Washington. Financing is available for the following business purposes: inventory purchases, working capital needs, capital start-up loans, machinery and equipment purchases, equipment financing, and more.

For more information and to apply, visit www.FloridaJobs.org/RebuildFlorida/BusinessRecovery.

COVID-19 Economic Aid Overview Webinar

The U.S. Small Business Administration (SBA), in consultation with the Treasury Department, re-opened the Paycheck Protection Program (PPP) for new borrowers and certain existing PPP borrowers.

Join the South Florida District Office as we explore the next steps in the PPP process.

*Eventbrite access is required to register for the events.

(en español) Monday, April 5
11am – 12pm EST
Click here register on Eventbrite.

Monday, April 5
1pm – 2pm EST
Click here register on Eventbrite.

Tuesday, April 6
1pm – 2pm EST
Click here register on Eventbrite.

(en español) Wednesday, April 7
11am – 12pm EST
Click here register on Eventbrite.

Wednesday, April 7
1pm – 2pm EST
Click here register on Eventbrite.

SBA Disaster Recovery Q&A Sessions
 04/05 - 04/09
11:00 A.M. – 12:00 P.M. (en Español)
2:00 P.M. – 3:00 P.M.

Was your small business affected by Covid-19? Are you looking for small business funding? You have questions, we have answers! Join us during our virtual hours and have your Paycheck Protection Program (PPP) and Economic Injury Disaster Loan (EIDL) questions answered by a live person. Participants may call at any time and are welcome to enter and exit at will.

Monday, Tuesday, and Wednesday 
2pm – 3pm
Join Microsoft Teams Meeting
202-765-1264; Conference ID – 191 652 154

 

Tuesday (en Español)
11am – 12pm
Join Microsoft Teams Meeting
202-765-1264; Conference ID – 919 146 391

PPP Forgiveness Webinar

The U.S. Small Business Administration, in consultation with the Department of the Treasury, published a revised, borrower-friendly Paycheck Protection Program loan forgiveness application implementing the PPP Flexibility Act. 

Join the South Florida District Office as we explore the next steps in the PPP process.

Thursday, April 8
1pm – 2pm EST
Click here register on Eventbrite.

Friday, April 9
1pm – 2pm EST
Click here register on Eventbrite.