South Florida Aviation Council

South Florida's only aviation organization dedicated to the aviation maintenance industry.

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Available Assistance for Our Aviation Family

If you haven’t already, please take a moment to complete the State of Florida Business Damage Assessment survey to assess the impact of COVID-19 on Florida’s local business operations. The survey, managed by the Florida Department of Economic Opportunity (DEO), will evaluate businesses affected by COVID-19 and the impacts the virus has had on the local economy so actions to implement appropriate relief programs can begin: https://floridadisaster.biz/

EXAMPLES OF ASSISTANCE PROGRAMS FOR BUSINESSES 

Florida Small Business Emergency Bridge Loans COVID-19
http://floridajobs.org/rebuildflorida/businessrecovery

Provides financial assistance at 0% interest for up to $100,000

Loans are intended to “bridge the gap” between the time a major catastrophe hits and when a business has secured longer term recovery resources

Loans will be interest-free for the loan term (1 year). The Interest rate will be 12% per annum on the unpaid balance thereafter

These loans can be processed more quickly than the federal government SBA loan program loans

SBA Disaster Loans
https://disasterloan.sba.gov/ela/Documents/Three_Step_Process_SBA_Disaster_Loans.pdf

Business of any size may borrow up to $2 million for physical damage

Small businesses, small agricultural cooperatives, small businesses engaged in aquaculture, or private non-profit organizations may borrow up to $2 million for Economic Injury

Small businesses may apply for a maximum business loan (physical and Economic Injury Disaster Loan – EIDL) of $2 million

Short Time Compensation Program
http://www.floridajobs.org/Reemployment-Assistance-Service-Center/reemployment-assistance/employers

Provides temporary, partial wage replacement benefits to qualified workers who are unemployed through no fault of their own

Funded solely by employers who pay federal and state payroll taxes and is provided at no cost to the workers who receive the benefits

Employers may apply using Florida’s Reemployment Assistance (RA) claims system, CONNECT

IMPORTANT – If you DO NOT KNOW your USER ID & PASSCODE, ask your company Finance and/or Accounting Department, who submits electronically to the Department of Revenue your Reemployment tax amount, for your Reemployment Tax Number (RT Account #).  In that USER ID section put EP0 in front of your 7-digit RT Account.  We were informed by the Department of Economic Opportunity (DEO) that this is a method you can use if you don’t know your USER ID which was set up originally and sent to you on via DEO correspondence.

 

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