On Dec. 16,  President Biden signed Florida Disaster Declarations 17729 and 17730 opening disaster loan relief for businesses, homeowners and renters who suffered damage during Hurricane Nicole in St. Johns County. Many businesses that suffered damage during Hurricane Ian also suffered damage during Hurricane Nicole. Business owners seeking assistance must treat each storm as a separate event when applying for relief.

For businesses there are loans for physical damage suffered and loans for economic damage caused by lost revenue during the disaster recovery period. Business physical disaster loans can be used to repair or replace disaster-damaged property owned by the business including real estate, inventories, supplies, machinery, and equipment. Businesses of any size are eligible.  Private, non-profit organizations such as charities, churches and private universities are also eligible. Economic injury disaster loans are working capital loans designed to assist businesses, small agricultural cooperatives, and private non-profits meet their ordinary and necessary financial obligations during the disaster recovery period. 

The deadline to apply for a physical damage loan is Feb. 13, 2023.  The deadline for the economic injury loan is Sept. 13, 2023. 

There are also approved relief loans for damage suffered for homeowners and renters. 

For more information and links to specific information go to the St. Johns County Chamber of Commerce Hurricane Recovery Page or visit disasterloanassistance.sba.gov .