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Relief for Taxpayers Affected by Ongoing COVID-19 Pandemic

Relief for Taxpayers Affected by Ongoing COVID-19 Pandemic

FDEO sets aside $50 million for Small Business Loans

The Florida Department of Economic Opportunity has set aside $50 million in small business loans to bridge the gap until SBA loans/commercial loans are finalized. Employers with 2 – 100 employees are eligible to apply for these loans which can be up to $50,000. The loans are interest free and have to repaid within one year. The application dates start today and can be applied for throughout May 8 2020.

 Other criteria to be eligible for the loan include being established as a business before March 9 2020 and being able to demonstrate that COVID-19 has caused economic impact on your business.

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We're a well-established tax and accounting, mortgage, and financial advisory firm operating since 2000. We serve our clients from three Central Florida locations. Our expertise extends to both domestic and international concerns when it comes to investing and doing business in Florida and beyond.

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