INFORMATION FOR CITY BUSINESSES

The City of Coral Springs understands the impact COVID-19 has had on the economy and is devoted to providing financial resources that will help local businesses get through this crisis.

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CITY ORDERS

Coral Springs City Manager, Frank Babinec, has issued Emergency Order 2020-11 (Amended and Reissued), which requires closures of businesses to the public effective immediately. Businesses that are not absolutely necessary to remain open are to be closed to slow the spread of COVID-19 in our community.

Businesses that do not interact with the public or businesses that utilize remote or telework with no employees or customers at a physical business location may continue operations.

Essential businesses will be required to follow social distancing requirements, and in addition will need to limit the amount of people inside of a business at any time.

Complete list on non-essential business.

Social Distancing Flyer

Social Distancing Flyer Restaurants

RESOURCES

Stimulus Bill First Glance: IEDC Stimulus Bill Overview

Small Business Administration

As part of the federal government’s response to the coronavirus crisis, guidance has been issued that impacts all Americans’ daily lives. To help understand how the guidance impacts your business, the Small Business Administration has released this guidance.

The SBA’s South Florida District Office will host virtual office hours to answer questions about the loan program. March 23 – April 4 (11 a.m. – 1 p.m. AND 3 p.m. – 5 p.m.)

The South Florida District Office will also host twice daily webinars to help you navigate the application. For this information and more, visit SBA’s website.


U.S. Chamber Small Business ELA Loan Guide

The Coronavirus Aid, Relief, and Economic Security (CARES) Act allocated $350 billion to help small businesses keep workers employed amid the pandemic and economic downturn. Known as the Paycheck Protection Program, the initiative provides 100% federally guaranteed loans to small businesses who maintain their payroll during this emergency. Learn more


Florida Small Business Emergency Bridge Loans

The Florida Small Business Emergency Bridge Loan Program is currently available to small business owners located in all Florida counties statewide that have experienced economic damage as a result of COVID-19.

This short-term, interest-free loan up to $50,000 is intended to help Florida businesses maintain or restart operations until they can secure longer-term assistance. Please note, if you have received a bridge loan and it has not been fully paid, then you are not eligible to apply for a second bridge loan. Small business owners can apply for both the federal and state loans.

The application deadline is currently May 8. Learn more about these loans and how to apply here.


SBA Economic Injury Disaster Loan (EIDL) Program

The SBA EIDL Program is currently available to small business owners and nonprofits in Florida that have experienced economic damage as a result of COVID-19 and do not have access to credit. You can find more information here.

The EIDL program can offer loans up to $2 million at a 3.75% rate for small businesses and 2.75% for nonprofits, which can be used to pay payroll and other expenses.

Click here to apply. Para información en español, haga clic aquí.

EVENTS

Coral Springs Coconut Creek Regional Chamber Biz Academy: “Disaster Preparedness and COVID-19
April 2 at 12 p.m.

Featuring Alex Falcone, Director of Emergency Management, City of Coral Springs; Cindy Brief, President and CEO, Coral Springs Coconut Creek Regional Chamber; Kristi Bartlett, Director of Economic Development, City of Coral Springs.

A link to join the class will be provided on your confirmation page after you have registered.

USEFUL LINKS

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Kristi Bartlett

Director of Economic Development
City of Coral Springs

Yuu Soubra

Economic Development Coordinator
City of Coral Springs

Diana Scarpetta

Economic Development Coordinator
City of Coral Springs

Melissa Heller

City of Coral Springs Deputy Manager
City of Coral Springs