Tag: economic injury disaster loans

The SBA authorized an Administrative Declaration for Miami-Dade County, as well as the contiguous Florida counties of Broward, Collier, and Monroe, in the form of low-interest Economic Injury Disaster Loans, Business Physical Disaster Loans, and Home Disaster Loans to eligible business owners and homeowners impacted by the Surfside condo collapse.

U.S. Reps. Byron Donalds and Maria Elvira Salazar sent a letter to Isabella Guzman, the administrator of the Small Business Administration (SBA), urging her to provide more information on the preparedness of the Office of Disaster Assistance (ODA) for the 2021 hurricane season and the office’s ability to respond to the ongoing COVID-19 pandemic while also managing loans stemming from natural disasters.

This week, U.S. Sen. Rick Scott, R-Fla., sent a letter to Small Business Administration (SBA) Administrator Isabella Casillas Guzman asking for her plan to prevent waste and abuse in the Paycheck Protection Program (PPP) while ensuring small businesses hurt by the coronavirus pandemic are getting the help they need.

Rubio, who leads the U.S. Senate Small Business and Entrepreneurship Committee, thanked the backers of the proposal but noted that it provides less than $300 billion for small businesses, including another round of the Paycheck Protection Program (PPP) and more funds for Economic Injury Disaster Loans (EIDL).

The senators joined Lt. Gov. Jeanette Nuñez and other leaders in West Palm Beach on Friday to focus on coronavirus. 

On Thursday, the U.S. Senate overwhelmingly voted for a bill authorizing $8.3 billion to ready for and combat coronavirus.