Coronavirus Update

The Florida League of Cities has created a webpage to provide information on public safety efforts by federal, state and local governments. On this page you’ll find resources  to assist in controlling the spread of the coronavirus and prevention tips.

The Coronavirus Resources page provides helpful links from the CDC and World Health Organization, a resources section with downloadable materials on how to keep safe, as well as recent news highlighting the latest efforts by state leaders and local governments.

As the impact of the coronavirus evolves, we will work closely with state officials, our members and strategic partners to share the latest information. We’ll continue to update this page as new resources become available, so please check back daily. In the meantime, we encourage everyone to practice good health habits.

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During the Coronavirus (COVID-19) emergency, Elevate Lake and Visit Lake are committed to providing our businesses and community partners with up-to-date and reliable information.

SBA Economic Injury Disaster Loan Program (EIDL)

For small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private nonprofit organizations, the SBA is offering Economic Injury Disaster Loans to help meet working capital needs caused by the Coronavirus. SBA Economic Injury Disaster Loans offer up to $2 million in economic assistance to help small businesses overcome the temporary loss of revenue resulting from the disaster. These loans may be used to pay fixed debts, payroll, accounts payable and other bills that can’t be paid because of the disaster’s impact. Interest rates offered are as low as 3.75 percent for businesses without credit available elsewhere. The interest rate for non-profits is 2.75%. Loan amounts are set by the SBA and based on each applicant’s financial condition. Repayment terms are up to 30 years. Unlike the Florida Emergency Bridge Loan, there is no lower limit on the number of employees your business must have.

New SBA Loan Advance up to $10,000 available upon completion of an SBA EIDL disaster loan application.

To apply, visit the SBA Disaster website at

For additional information, please contact the SBA Disaster Assistance Customer Service Center at 800.659.2955 or email to

Paycheck Protection Program | PPP

The Paycheck Protection Program (PPP) will take the form of a SBA 7(a) loan, but can be used for payroll, rent, mortgage, utilities, and the like. As with most 7(a) loans, those will be available through commercial and community banks. We recommend that businesses get in touch with their own commercial lenders with whom they have existing relationships in order to get the best service. For more information on the PPP, see:

We are still encouraging businesses to fill out the Business Damage Assessment Survey if they haven’t done so, as our state and local agencies are still compiling this information to determine the needed resources for our community. Of course, the number one priority at the moment is to stay healthy and to limit our exposure to COVID-19 per CDC guidelines.

The Florida Department of Revenue issued two Emergency Orders related to Sales and Use Tax and Property Taxes last week that will provide flexibility on tax due dates. The press releases can be viewed here:

Financing Resource Links: 
Florida Small Business Emergency Bridge Loan Program*
U.S. SBA Economic Injury Disaster Loan Program*

*The Florida Small Business Development Center (SBDC) at UCF in Lake County will help vet eligibility for the Florida Bridge Loan Program and help review application documents. For more information, Lake County businesses can contact the local SBDC offices at 352.404.7338 (Groveland) or 352.602.4575 (Mt. Dora).

Additional Resources for Businesses and Employers

We continue to update Lake County’s COVID-19 Response Page regarding Reemployment and Business Resources, so check it often.

CareerSource Central Florida Coronavirus Support for Workforce
Center for Disease Control and Prevention
Occupational Safety and Health Administration
U.S. Equal Employment Opportunity Commission
U.S. Small Business Administration

We will be sharing more information in the weeks ahead as best as possible, as the situation is fluid and resources are updated constantly. If our team can assist you in any other way, please call (352) 343-9647 or email us at or

Stay safe and healthy,

Your Elevate Lake & Visit Lake Team