Florida Department of Economic Opportunity Awards More Than 1,000 Small Business Bridge Loans

Tallahassee, Fla. – Today, the Florida Department of Economic Opportunity announced more than 1,000 small businesses have been awarded more than $49 million from the Florida Small Business Emergency Bridge Loan. The bridge loan program, managed by DEO, provides short-term, interest-free loans to small businesses that experienced economic injury from COVID-19. Additionally, DEO announced the availability of business resources to help businesses recovering from the economic impacts resulting from COVID-19.

“We appreciate Governor DeSantis’ steadfast commitment to helping small businesses sustain the economic impacts created by COVID-19,” said Ken Lawson, Executive Director of the Florida Department of Economic Opportunity. “We are proud to stand with Florida businesses by providing them with additional resources during these challenging times. We appreciate the help of our Florida Small Business Emergency Bridge Loan partners, Florida Small Business Development Center and Florida First Capital Finance Corporation, for working diligently to process applications and provide loans as quickly as possible.”

Since the application period opened on March 17, DEO has received more than 38,000 applications for the Florida Small Business Emergency Bridge Loan. As of Friday, April 10, 2020, more than 1,000 applications have been approved totaling more than $49 million.

DEO will continue to review all applications that are received online or postmarked by Monday, April 13, 2020. DEO and its Emergency Bridge Loan partners will continue to quickly and efficiently review, approve and provide loans to Florida businesses affected by the economic impacts of COVID-19 until available funds are expended. Businesses who are looking for information about the status of their application should visit www.FloridaJobs.org/COVID-19 and select Check Application Status under Florida Small Business Emergency Bridge Loan to sign-in to your account.

Governor DeSantis and DEO are encouraging businesses to utilize other state and federal business loan resources that are currently available to Florida businesses. The U.S. Small Business Administration (SBA) offers various loan programs to small businesses including the newly launched Paycheck Protection Program and the Debt Relief Program through the Coronavirus Aid, Relief, and Economic Security Act, also known as the CARES Act, as well as the established Economic Injury Disaster Loan. Various state and federal loan programs available to affected businesses include the following:

SBA Economic Injury Disaster Loan and Loan Advance Program

The SBA’s Economic Injury Disaster Loan (EIDL) and Loan Advance program provides small businesses with working capital loans up to $2 million that can provide vital economic support to small businesses to help overcome the temporary loss of revenue businesses may be experiencing. The EIDL allows for an advance of up to $10,000.

Paycheck Protection Program

The Paycheck Protection Program is a loan designed to provide a direct incentive for small businesses with fewer than 500 employees to keep their workers on the payroll. The program provides eight weeks of cash-flow assistance through 100 percent federally guaranteed loans. SBA will forgive a portion of the loan if all employees are kept on the payroll for eight weeks and the money is used for payroll, rent, mortgage interest or utilities.

SBA Debt Relief

The SBA Debt Relief program will provide a reprieve to small businesses as they overcome the challenges created by this health crisis. Under this program the SBA will pay the principal and interest of new 7(a) loans issued prior to September 27, 2020. The SBA will also pay the principal and interest of current 7(a) loans for a period of six months.

Rebuild Florida Business Loan Fund

The Rebuild Florida Business Loan Fund provides financing to assist businesses with resiliency efforts. The funds will address the current gap in available, affordable capital for businesses that can be used for inventory purchases, construction, working capital, equipment financing and more

Florida Small Business Loan Program

The Florida Small Business Loan Program is available to qualified businesses that demonstrate adequate historical and/or proposed cash flow coverage and other credit underwriting metrics. The loan proceeds must be used for a business purpose, which includes, but is not limited to: startup costs, working capital, business procurement, franchise fees, equipment, inventory, as well as the purchase, construction renovation or tenant improvements of an eligible place of business that is not for passive real estate investment purposes. Loan amounts range from $250,000 to $5,000,000.

Black Business Loan Program

The Black Business Loan program (BBLP) offers alternative lending solutions to Florida-based black owned small businesses by providing short-term loans and technical assistance.

Microfinance Guarantee Program

The Microfinance Guarantee Program is available to stimulate access to credit for entrepreneurs and small businesses in Florida by providing targeted guarantees to loans made to such entrepreneurs and small businesses. Funds appropriated to the program must be reinvested and maintained as a long-term and stable source of funding for the program.

For a comprehensive overview of all federal and state resources available to small businesses impacted by COVID-19, please visit Floridajobs.org/COVID-19. You may also call 833-832-4494 for other inquiries regarding the Florida Small Business Emergency Bridge Loan.

About DEO

The Florida Department of Economic Opportunity combines the state’s economic, workforce and community development efforts, expediting economic development projects to fuel job creation in competitive communities and promote economic resiliency. For more information, including valuable resources for employers and job seekers, please visit www.floridajobs.org.

 

National Restaurant Association Measures COVID-19 Impact

The National Restaurant Association is collecting information on the economic impact of Coronavirus (COVID-19) outbreak. The National Restaurant Association Research Group has developed a survey designed to continue to collect important data for their ongoing communications and advocacy activities regarding Coronavirus. All information provided is anonymous and confidential.

Restaurant operators with multiple restaurants are asked to complete a separate survey for each location. This will provide data to analyze the impact on a state level. If you wish to only complete one survey, please choose your primary restaurant for this survey.

Click here to take the survey. Please email Bruce Grindy at bgrindy@restaurant.org if you have any questions.

Feed the Need Florida Launches to Distribute Meals to Families Impacted by COVID-19

Family meal program will help feed students and families in need across Florida impacted by the crisis

ORLANDO – As the community faces an unprecedented public health crisis, a network of local restaurants, hotels and hospitality industry organizations have joined forces alongside of the Florida Department of Agriculture and Consumer Services to launch Feed the Need Florida, a program that provides needed meals to food-insecure students and their families across Orange County and the state of Florida.

The Florida Department of Agriculture’s Summer Food Service Program provides funding to distribute meals to students in need, however the program does not provide meals for other family members. 4Roots, the nonprofit entity sponsoring the Feed the Need Florida program, will come alongside the local public school systems throughout the state to provide donated meals to the many families in need.

“There is an unprecedented need for students and families to have immediate and easy access to fresh, nutritious meals,” said John Rivers, CEO and founder of 4Roots and 4R Restaurant Group. “In the midst of the COVID-19 crisis, we felt an obligation to rally the industry to help fill gaps in Florida’s ‘grab and go’ program, and also ensure that the families of these students likewise have access to meals. We are so thankful to have in this effort state government as well as restaurant, hotel, food distributor and corporate partners who share our heart to step up and meet this need. We are blessed to be in a position to serve in this capacity and hope individuals and businesses alike will join us in meeting the need.”

Feed the Need Florida is in direct coordination with the Florida Department of Agriculture to identify sites where meal distribution is needed.

“Fighting back against the worst pandemic in a century requires innovative solutions, especially to keep families from going hungry,” said Florida Commissioner of Agriculture Nikki Fried. “We’re so grateful to partner with Chef John Rivers, 4Roots, and the 4R Restaurant Group on this extraordinary effort to ensure Floridians can feed their families during this public health crisis. This partnership is a perfect example of working together to overcome enormous obstacles and leverage food service, hospitality, corporate, and government resources to fill critical gaps in food supply. We truly are all in this together, and together, we will feed the need.”

Building a Community Kitchen Network to Feed the Need

The 4R Restaurant Group will leverage its 4 Rivers BBQ resources to support the meal preparation and distribution across the state in coordination with the Florida Restaurant & Lodging Association and the Florida Department of Agriculture. 4Roots activated a 25,000-square-foot warehouse space in Orlando to receive food from the hospitality and restaurant industry to prepare meals in the 4 Rivers 8,000-square-foot commissary kitchen in Orlando. They will also partner with the state to establish food collection, meal prep and distribution points to fill gaps in other counties via the 14 restaurant locations 4 Rivers has throughout Florida. As the program expands, Feed the Need Florida will develop a network of restaurant and catering partners to serve the anticipated growing need to address community hunger.

“Our industry is truly made up of the very best people,” said Carol Dover, President and CEO of the Florida Restaurant and Lodging Association. “Despite being significantly impacted themselves by the COVID-19 pandemic, restaurateurs across Florida are stepping up to fill critical needs for food. We are proud to join 4R Restaurant Group, 4Roots, and our many other restaurants who are making a difference during this difficult time. Not only will these efforts help students, families, and seniors, but they will help support whole communities needing extra help when they need it most.”

Together, the program establishes a system to receive food donations, preserve jobs, and prepare nutritious meals to be served to thousands of families of students throughout Florida who rely on free and reduced-price school meals.

The program would not be possible without the support of the entire Florida restaurant and hospitality community, including support from FreshPoint and Walmart with additional in-kind and monetary donations coming from other partners. It’s a model leaders say could be replicated by school districts, state governments and community partners across the country.

Take Action

Two ways individuals and corporations can participate:

  • Donate now at org. 4Roots is accepting monetary donations as well as food donations from restaurants, the hospitality industry and other corporations.
  • Spread the word and encourage others to contribute to support Feed the Need Florida via social media using the hashtag #FeedtheNeedFL.

Visit feedtheneedfl.org for more information.

ABOUT 4ROOTS

4Roots is an Orlando-based nonprofit community alliance founded by Chef John Rivers of the 4R Restaurant Group, dedicated to building a better food future and ending food insecurity in our community. In 2019, the organization began laying the foundation for its farm campus in the heart of Orlando to serve as a community crossroads where individuals and organizations work together to engage a holistic approach to food systems change, focusing on health, education, economic development, and sustainability. For more information, visit 4rootsfarm.org or follow along on Facebook and Instagram.

 

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FAU Hospitality and Tourism Management Program Offers Lifeline to Workers Struggling During Coronavirus Pandemic

BOCA RATON, Fla. (March 26, 2020) – Florida Atlantic University’s nationally ranked Hospitality and Tourism Management program, within FAU’s College of Business, is offering a free certificate to industry workers and professionals who may be affected by the COVID-19 crisis.

Through a series of five online sessions in April, participants can learn about the core components required for success in the industry. The sessions cover hospitality law, career competencies, marketing and revenue management, finance fundamentals and service excellence.

“Hospitality will always rebound, but this is the first global crisis where every hospitality segment was affected at the same time,” said Peter Ricci, Ed.D., director of FAU’s Hospitality and Tourism Management program.

FAU’s Hospitality and Tourism Management program, ranked by The Best Schools as one of the top 30 hospitality programs in the country, has offered the certificate for more than 10 years at a cost of $900 per participant, but FAU is waiving all fees to help workers weather this unprecedented period.

Hospitality is the largest private employer in Florida with more than 1.1 million people, but estimates show that roughly half of those workers have been laid off or had hours reduced since the pandemic disrupted nearly every aspect of American life. During the down time, workers may question their career choice, said Ricci.

“This is a tool to keep people positively engaged while they are not at work so they can be better prepared to hit the ground running when things do ramp back up,” he said, adding that the sessions highlight key areas covered by hospitality and tourism students who pursue a bachelor’s degree in business administration from FAU.

The certificate can benefit hourly associates, supervisors and executives who work in hotels, restaurants, cruise lines, casinos or for any service-oriented business.

Sessions will begin on April 9, though the coursework will be recorded for viewing at any time. Attendance and progress will be measured by short quizzes after each session.

FAU’s College of Business and its Executive Education programs recently were ranked No. 1 in Florida by Financial Times. To register for the certificate, click here.

-FAU-

About Florida Atlantic University:
Florida Atlantic University, established in 1961, officially opened its doors in 1964 as the fifth public university in Florida. Today, the University, with an annual economic impact of $6.3 billion, serves more than 30,000 undergraduate and graduate students at sites throughout its six-county service region in southeast Florida. FAU’s world-class teaching and research faculty serves students through 10 colleges: the Dorothy F. Schmidt College of Arts and Letters, the College of Business, the College for Design and Social Inquiry, the College of Education, the College of Engineering and Computer Science, the Graduate College, the Harriet L. Wilkes Honors College, the Charles E. Schmidt College of Medicine, the Christine E. Lynn College of Nursing and the Charles E. Schmidt College of Science. FAU is ranked as a High Research Activity institution by the Carnegie Foundation for the Advancement of Teaching. The University is placing special focus on the rapid development of critical areas that form the basis of its strategic plan: Healthy aging, biotech, coastal and marine issues, neuroscience, regenerative medicine, informatics, lifespan and the environment. These areas provide opportunities for faculty and students to build upon FAU’s existing strengths in research and scholarship. For more information, visit fau.edu.

 

 

Department of Revenue Extends Property Tax Payment Due Date from March 31 to April 15

Tallahassee, Fla. – On Monday, March 16, 2020, Governor Ron DeSantis directed the Department of Revenue (Department) to provide flexibility on tax due dates to assist those adversely affected by COVID-19.

Today, Department of Revenue Executive Director Jim Zingale issued an emergency order to extend the final due date for property tax payments for the 2019 tax year. The Department also extended the due date to file railroad, railroad terminal, private car and freight line and equipment company property tax returns.

Order of Emergency Waiver/Deviation #20-52-DOR-01 applies to all 67 Florida counties. Property tax is normally due by March 31 in the year following the year the taxes are assessed. The Department waives the due date so that payments remitted by April 15, 2020, for the 2019 tax year will be considered timely paid. Property tax returns for railroad, railroad terminal, private car and freight line and equipment company property are normally due by April 1. Returns will be timely filed if filed by April 15, 2020.

The Department has implemented the filing date extensions pursuant to subsection 213.005(2), F.S., which authorizes the Executive Director of the Department of Revenue to carry out certain actions during a declared state of emergency. On March 9, 2020, Governor Ron DeSantis issued Executive Order Number 20-52, declaring a state of emergency in response to the recent COVID-19 outbreak.

Property taxpayers who have additional questions should contact their county tax collectors. Railroad and private car line companies with additional questions may contact the Department at DORPTO@floridarevenue.com. Visit the Department’s webpage for COVID-19 updates.

Contact: Bethany Wester, Interim Communications Director
communications@floridarevenue.com | 850.617.8214

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Department of Revenue Extends March Sales Tax Due Dates for Adversely Affected Taxpayers

Tallahassee, Fla. – On Monday, March 16, 2020, Governor Ron DeSantis directed the Department of Revenue (Department) to provide flexibility on tax due dates, such as sales tax, to assist those adversely affected by COVID-19.

Today, Department of Revenue Executive Director Jim Zingale issued an emergency order to extend certain filing deadlines for Florida businesses. This action is taken to provide short-term relief to taxpayers while recognizing the requirement for a balanced state budget. Sales tax, Florida’s largest state tax, produces $26.2 billion annually and funds more than 78% of Florida’s General Revenue programs.

Sales and use tax, as well as other related tax returns and payments, are normally due on the first day of the month and are late after the twentieth day of the month. Order of Emergency Waiver/Deviation #20-52-DOR-002 outlines:

• Taxpayers who have been adversely affected by COVID-19, have an extended due date to April 30, 2020, for sales and use tax, as well as other related taxes, collected in March.
• Taxpayers who have not been adversely affected by COVID-19 continue to file and remit taxes no later than the normal due date of April 20.
• Taxpayers who were unable to meet the March 20 due date will have penalty and interest
waived for taxes collected in February if the taxes are reported and remitted by March 31, 2020.

Adversely affected taxpayer means:
• The business closed in compliance with a state or local government order and had no
taxable sales transactions as a result; or
• The business experienced sales tax collections in March 2020 that are less than 75% of
March 2019 sales tax collections; or
• The business was established after March 2019; or
• The business is registered with the Department to file quarterly.

Taxpayers who fall within the definition of adversely affected but who are able to file and pay on time are encouraged to do so.

On March 9, 2020, Governor Ron DeSantis issued Executive Order Number 20-52, declaring a state of emergency in response to the recent COVID-19 outbreak. The Department has implemented the filing date extensions pursuant to subsection 213.005(2), F.S., which authorizes the Executive Director of the Department of Revenue to carry out certain actions during a declared state of emergency. This order pertains to the February and March collection periods and does not reflect potential actions that may be taken for future filing periods.

For taxpayers who have additional questions, the Department has established a dedicated team to address tax-related issues pertaining to COVID-19 and created an email address, COVID19TAXHELP@floridarevenue.com. Visit the Department’s webpage for COVID-19 updates.

Contact: Bethany Wester, Interim Communications Director
communications@floridarevenue.com | 850.617.8214

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Florida Department of Elder Affairs Announces Partnership with DBPR and FRLA to Support Meals to the Elderly

Contact: DOEA, Rebecca Roberts, RobertsR@elderaffairs.org
FRLA, Ashley Chambers, AChambers@FRLA.org

 

TALLAHASSEE – Today, the Florida Department of Elder Affairs (DOEA) announced a partnership with the Department of Business and Professional Regulation (DBPR) and the Florida Restaurant and Lodging Association (FRLA) that allows the needs of the business community and workers in the restaurant business to be matched with the needs of the elderly and meal delivery services.                                                             

 

“By working together, our agencies will be able to ensure all of our 5.5 million seniors have safe access to food,” said Richard Prudom, Secretary for the Florida Department of Elder Affairs.  “Governor DeSantis has helped to facilitate this process and allowed restaurants and food establishments to become emergency meal vendors for Florida’s seniors who are homebound or self-isolating for protection. We are in constant communication with seniors and our senior-care providers around the state and we know this action will greatly increase the flexibility of our communities to access meal delivery.”                                                                         

 

As meal sites for seniors close around the state to prevent the spread of COVID19, the collaboration between state agencies and the restaurant association will provide one more layer of food reassurance to our seniors.

 

“Restaurants are the very fabric of communities across Florida,” said Carol Dover, President & CEO of the Florida Restaurant and Lodging Association. “Providing jobs, serving customers, and creating memorable experiences for guests are key in our hospitality industry, but our restaurants contribute so much more than that. Ensuring that older Floridians have access to food during this unprecedented time is important to our restaurant owners and employees, and we commend Governor DeSantis, Secretary Prudom, and Secretary Beshears for working with our to industry to help serve those in need.”

DOEA’s 11 Area Agencies on Aging throughout the state will work with local volunteers and other local service providers to ensure meal delivery to Florida’s most vulnerable population. Meal delivery by volunteers and other organizations will also combat social isolation of seniors by providing the simple interaction of food delivery to the doorstep of an elder.

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For more information about the Florida Department of Elder Affairs, visit www.elderaffairs.org.

Governor Ron DeSantis Requests Major Disaster Declaration from President Donald Trump

Contact: Governor’s Press Office at (850) 717-9282 or media@eog.myflorida.com

 

Tallahassee, Fla. – Governor Ron DeSantis sent a letter to President Donald Trump formally requesting that he declare a Major Disaster as Florida responds to COVID-19.

The letter requested the inclusion of the following Individual Assistance Programs in the declaration: Disaster Unemployment Assistance, Crisis Counseling, Community Disaster Loans and the Disaster Supplemental Nutrition Program.

The declaration is submitted as a result of the COVID-19 response for the incident period beginning January 20, 2020, for all sixty-seven (67) counties. In addition to the Individual Assistance Programs, the declaration requests additional resources and support from FEMA.

To view the Governor’s letter to President Trump, click HERE.

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