FFC to Administer Emergency Loans in Central Florida


Florida First Capital will administer small business emergency bridge loans for businesses affected by Hurricane Charley in Osceola, Orange, Polk, Seminole and Volusia counties. Though FFC is not the first point of contact for applicants, the company is managing all back-office aspects of the bridge loans to be used for maintaining or restarting businesses impacted by the storm.

At the request of the State of Florida, Florida First Capital will administer the bridge loan program in five Central Florida counties. The short-term loan program is available to small businesses that are experiencing difficulty surviving or re-starting as a result of Hurricane Charley’s physical impact on the business.

The loans are intended to be repaid from insurance proceeds or proceeds of other financing obtained in connection with the effects of the storm.

The interest-free loan amounts range from $1,000 to $25,000 and are for terms of 90 to 180 days. Eligible businesses must have been established for at least one year, have between two and 100 employees and have experienced physical damage due to Hurricane Charley.

For further information contact:


Osceola
Patty Chambers
Osceola County Economic Development Department
3 Courthouse Square
Suite 208
Kissimmee, Fl. 34741
407-343-4050
pcha@osceola.org

Orange
Bob Turk, Associate Director
Disney / SBA National Entrepreneur Center
315 East Robinson Street
Suite 100
Orlando, FL 32801
407-420-4848
rturk@floridanec.org


Polk
Doretha Brooks
Director
Small and Minority Business Development Center
P O Box 9005
Drawer CA 05
Bartow, Fl. 33831
863-535-2501
863-519-8997 fax
DorethaBrooks@polk-county.net

Seminole
Bob Turk, Associate Director
Disney / SBA National Entrepreneur Center
315 East Robinson Street
Suite 100
Orlando, FL 32801
407-420-4848
rturk@floridanec.org


Volusia
Richard Michael, Director
Volusia County Department of Economic Development
700 Catalina Dr., Ste. 115
Daytona Beach, FL 32114
386-248-8048
rmichael@co.volusia.fl.us