The U.S. Small Business Administration is providing low-interest Economic Injury Disaster Loans to Florida businesses impacted by a severe winter cold snap between late January and early February. The program aims to cover lost revenue and operational costs for small businesses and nonprofits affected by freeze, frost, and ice conditions. Business owners report slower seasons and increased expenses, with some forced to lay off workers. Applications must be submitted by November 4, with processing taking six to eight weeks. The SBA emphasizes the loans are available for various disasters, including freezes, floods, and droughts, though most agricultural enterprises are excluded except for nurseries and cooperatives.
Florida Small Businesses Get Federal Disaster Loan Relief
