CFO Sink Urges Governor Crist to Activate Emergency Loans to Help Small Businesses
CONTACT: Jerri Franz or Jayme O’Rourke, (850) 413-2842
TALLAHASSEE – Florida CFO Alex Sink today sent a letter to Governor Crist urging him to activate the Florida Small Business Emergency Bridge Loan program and expand the scope of the loans to provide small businesses suffering economic damages as a result of the Deepwater Horizon oil spill with immediate assistance.
“Florida is facing what could be the worst environmental disaster our state has ever dealt with, and it is our responsibility to use every resource at our disposal to help those whose livelihoods are being threatened,” said CFO Sink.
CFO Sink noted that current disaster relief loans that have been set up can take up to eight weeks for approval, and BP’s claims center has not been providing enough to cover the expenses of many small businesses.