Today, Governor Ron DeSantis activated the Florida Small Business Emergency Bridge Loan Program to support small businesses impacted by COVID-19. The bridge loan program will provide short-term, interest-free loans to small businesses that experienced economic injury from COVID-19.
A ribbon-cutting was held today at Spring Flow Avenue, a newly constructed road just east of the I-75 and SR 44 interchange in Wildwood. This project is an excellent example of how Sumter County Economic Development, in partnership with Sumter County Public Works, Sumter County Fire Services, the City of Wildwood and a private sector landowner can partner on projects that advance public safety, enhance infrastructure availability, and spur private development.
Less Than One Month Until U.S. Households Receive 2020 Census Invitations
Between March 12 and March 20, invitations to participate in the 2020 Census will start arriving in households across the country.
“The Census Bureau is ready for the nation to respond next month,” said Census Bureau Director Dr. Steven Dillingham. “Millions of Americans are applying for 2020 Census jobs, more than 270,000 local and national organizations are engaged, and in less than 30 days the majority of U.S. households will receive an invitation to respond to help ensure that every person in the U.S. is counted.”
Some of the economic development efforts included business retention and expansion assistance, business attraction, and facilitation of infrastructure improvements that contribute to improved public safety, business efficiency, and preservation of an outstanding quality of life in our community.
Fitch Ratings for 2020 affirmed Sumter County’s Capital Improvement Revenue Bonds with an AA+ rating. Sumter County’s Issuer Default Rating (IDR) is also at AA+. Fitch also reported that less than 400 local tax-supported jurisdictions in the United States qualify for an AA+ rating. This rating reflects the county’s continued growth and diversification and maintenance of robust financial operations.
A vital part of any economy or community is growing and thriving in Sumter County. The number of manufacturing companies in the county is increasing, as are production and jobs. Crevalle Boats, a boat manufacturing company in Wildwood, reached a major milestone in November by building its 500th boat.
The communities surrounding The Villages are experiencing another round of expansion. Lady Lake
and Wildwood have seen residential and commercial growth in recent years, and Fruitland Park’s
population has more than doubled in the past five years with commercial growth expected to be on
Saturday, November 30, 2019 is Small Business Saturday – a day to celebrate and support small businesses and all they do for their communities. Please join the SBA and organizations across the country in supporting your local small business by shopping at a small business.
The results from the 2020 Census can shape many difference aspects of your community. Learn more from our new Public Service Announcements.
Has your business been impacted by a disaster? We are here to provide access to the capital and resources you need to recover.
If your business was adversely impacted by a state or federally-declared disaster, your business may qualify for a no-interest state and/or a low-interest federal business disaster loan when activated.