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The Economic Aid Act signed December 27, 2020 includes additional funding for Economic Injury Disaster Loan (EIDL) loans and grants. This article includes information about the Targeted EIDL grant application process provided by the SBA. Congress has allocated another $20,000,000,000 in EIDL grants (advances) in the new stimulus bill. By way of background, the CARES Act…
Fort Myers, FL, Feb. 16, 2021 – Lee County today launched a new citizen resource website, “Our Water Story: Lee County’s Water Quality Initiative.” The website, www.leegov.com/water, invites Lee County residents to learn our water story, how we got to where we are, what we are doing to fix it, and how they can help shape…
Local business experts will share what to look for when hiring a Virtual Assistant FORT MYERS, Fla. (Feb. 25, 2021) — The Above Board Chamber of Florida continues its webinar series with a presentation that will give members and guests an understanding of the benefits of hiring a Virtual Assistant (VA). The webinar will be offered…
Feb. 16, 2021 – JLL Capital Markets announced today that it has closed the $4.4 million sale of a 3,945-square-foot single-tenant retail building ground leased to the highest-grossing fast-food chain in the world in the southwest Florida community of Fort Myers. JLL marketed the property on behalf of the seller, North American Development Group. A private investor acquired the…
By Christine Hall and Karen Blacik and Matthew Rambaran CLA Contact Key insights Eligible uses for existing PPP loans are now expanded. A new, streamlined forgiveness application for loans of $150,000 or less is pending. EIDL grant advances will no longer be deducted from PPP loan forgiveness. You now have a choice of any covered…
Lee County officials on Jan. 14, held a ribbon-cutting ceremony for the Alico Road Widening Project at ITEC Park Drive, just north of Alico Road on Innovation Lane. Lee County Department of Transportation recently completed the 2.2-mile road-widening project from Ben Hill Griffin Parkway to Airport Haul Road. The road, which previously was a two-lane undivided highway, is now a four-lane divided…
This week, Governor DeSantis released his Florida Leads Budget Recommendations for 2021-2022. On the tourism front, the Governor recommends investing $50 million for VISIT FLORIDA’s marketing programs, the same amount as in the current fiscal year, to continue showcasing that Florida is once again open and safe for tourists from throughout the U.S. and the world. FRLA continues…
The Greater Fort Myers Chamber of Commerce will host a panel discussion on Wednesday, Feb. 17 to review the latest on business development for Fort Myers and surrounding Lee County. The panel will include guest speakers John Talmage, director of the Lee County Economic Development Office, Michele Hylton-Terry, executive director of the Fort Myers Community…
The Florida Department of Economic Opportunity announced that statewide, the number of private-sector jobs increased 9,800, up 0.1% from October 2020. Florida’s unemployment rate was 6.4% in November 2020. Florida’s labor force was up 49,000 (+0.5%) over the month. The Fort Myers area private-sector employment decreased by 8,300 jobs (-3.5%) over the year. The Fort Myers area’s unemployment…
The Cornelia T. Bailey Foundation has awarded $15,000 in support of The Immokalee Foundation’s ACT/SAT Test Prep program for Immokalee High School students. The foundation’s Career Pathways programs – including ACT/SAT preparation – serves and supports Immokalee students who seek higher education through academic success, for which they need access to quality prep materials and…