Florida waives requirement for loan program to boost fishing industry in counties impacted by Ian
NBC - 8 WFLA (Tampa, FL)
FORT MYERS BEACH, Fla. (WFLA) -- Gov. Ron DeSantis announced changes to the Florida Small Business Emergency Bridge Loan Program at a news conference in Fort Myers Beach on Thursday.
Gov. DeSantis said the state has waived an eligibility requirement for the loan program that would prevent sole proprietors in the marine-fisheries industry from receiving the short term, zero interest loans.
The Emergency Bridge Loans Program is intended to "bridge the gap" between a disaster and when affected businesses secure longer term relief like federal funds or from insurance, according to Gov. DeSantis' office.
The move came after representatives from the state Department of Economic Opportunity and Division of Emergency Management met with small business owners on Wednesday at a pop-up Disaster Recovery Center, aimed at bolstering the fishing industry in the wake of the storm.
"Our marine fisheries have sustained huge impacts as a result of Hurricane Ian and those impacts are far reaching," Gov. DeSantis said. "I am committed to ensuring that Florida's fishing industry stays afloat, and that includes supporting the Floridians who make their living on the water."
Gov. DeSantis' office said loan requests from businesses in Charlotte, Collier, DeSoto, Hardee, Lee and Sarasota counties will be prioritized.
Eligible small businesses can apply for up to $50,000 in loans. You can read more about the program here.
MSU Announces Plans To Construct Jim And Thomas Duff Center
In the wake of Hurricane Ian, Florida to consider tax "relief”
Advisor News
- SEC moves to simplify electronic delivery of investor communications
- Nearly half of nonretirees doubt they will fully retire
- How much could failure to fund Social Security cost average Americans?
- How can more Americans achieve financial independence?
- Savers vs. spenders: How money management attitudes impact financial confidence
More Advisor NewsAnnuity News
- Corebridge Financial enhances The Power Series of Index Annuities
- LIMRA predicts strong life and annuity sales for the rest of 2026
- Jackson CEO Laura Prieskorn to retire at the end of 2026
- Has your annuity been reinsured in the Cayman Islands? Here’s why it matters
- DOL slams pension risk transfer lawsuit as ‘opportunistic’ litigation
More Annuity NewsHealth/Employee Benefits News
- New dashboard tracks Kansas Affordable Care Act enrollment by legislative district, county
- ICYMI – CANDIDATE COOPER NOW TRYING TO BLAME HIS HEALTH INSURANCE PALS FOR GOVERNOR COOPER'S 57% INCREASE IN HEALTHCARE COSTS IN NC
- Business People: Edric Funk to take over as Toro Co. CEO
- Insurers propose premium increases for ACA customers in Iowa
- How Does New CareScout Long-Term Care Insurance Policy Compare In Cost
More Health/Employee Benefits NewsLife Insurance News
- LIMRA predicts strong life and annuity sales for the rest of 2026
- Best’s Market Segment Report: AM Best Maintains Stable Outlook on Vietnam’s Non-Life Insurance Segment
- AM Best Comments on Credit Ratings of Horace Mann Educators Corporation and Its Subsidiaries Following Announced Transaction with Medical Mutual of Ohio
- AM Best Affirms Credit Ratings of Hanwha General Insurance Company Limited
- Globe Life boosts Q2 earnings, eyes AI shift for long-term growth
More Life Insurance News