Daniel Calvalho, Brooklyn Coffee Shop, Hurricane Irma, FSBDC, SBA Loan, Bridge Loan

Brooklyn Coffee Shop

Located in Orlando, FL Brooklyn Coffee Shop is a coffee and scratch kitchen restaurant marrying the Seattle coffee culture with a relaxed New York bistro atmosphere. Shop features gourmet coffees and Brazilian food with an American twist such as fresh, simple comfort food like craft empanadas and other street food.

In September 2017, Brooklyn Coffee Shop sustained economic and operational damage due to Hurricane Irma. Daniel Carvalho, owner of the company, turned to the Florida SBDC at the University of Central Florida (FSBDC at UCF) for help securing a Florida Small Business Emergency Bridge Loan.  When asked about her experience with the hurricane and the assistance received, he recalled:

What type of damage occurred?

Outdoor fans and seating area damaged. Being closed for six days meant no reve

Brooklyn Coffee Shop

Brooklyn Coffee Shop Owner Daniel Calvalho with FSBDC at UCF Assistant Director Pauline Davis

nues while our overhead and payroll continued. The power outage caused over $6,000 in losses due to food spoilage.

And this is the slow time for restaurants so it has taken time to get business back to where it was. We were having a good year; now it is like starting from scratch. Recovering that lost revenue is going to be a challenge.

How helpful was the Emergency Bridge Loan?

The bridge loan is going to be amazing. I have the payroll, the rent, power bill all coming due. I didn’t know what I was going to do. I prayed with my wife for help from somewhere. And the FSBDC called and said the loan was approved. It was crazy. Amazing. So now I believe in miracles.

How helpful was the Florida SBDC at UCF?

The FSBDC was fast. Professional. Very good. I have just good things to say.

About the Florida Small Business Emergency Bridge Loan Program

Administered by the Florida Department of Economic Opportunity, in collaboration with the Florida SBDC Network, and supported by Florida First Capital Finance Corporation (FFCFC), the Florida Small Business Emergency Bridge Loan is a short-term, interest-free working capital loan intended to help small businesses “bridge the gap” between the time of a declared disaster and when the business has secured long-term recovery resources, such as insurance proceeds or federal disaster assistance. Governor Rick Scott activated the Florida Small Business Emergency Bridge Loan program on Thursday, September 14 and the first loan was distributed the following Monday. Eligible businesses with two to 100 employees may apply for loans up to $50,000 for 90 or 180-day terms.

As a principal responder in the state’s Emergency Support Function for Business, Industry, and Economic Stabilization, the Florida SBDC Network supports disaster preparedness, response, recovery, and mitigation through its Business Continuation Services. As part of its service offering, Florida SBDC professionally certified consultants and disaster specialists are available to provide confidential, no-cost consulting to help affected businesses prepare disaster loan applications and with other post-disaster challenges.