A disaster declaration that includes Solano County was made on Saturday.
Both Physical disaster loans and EIDL are available. Applications are online at: https://disasterloanassistance.sba.gov. Please note that this is a different application than when applying for COVID related EIDL loans.
The declaration specifics:
The Interest Rates for Physical Damage are as follows:
- Homeowners With Credit Available Elsewhere 2.375
- Homeowners Without Credit Available Elsewhere 1.188
- Businesses With Credit Available Elsewhere 6.000
- Businesses Without Credit Available Elsewhere 3.000
- Non-Profit Organizations With Credit Available Elsewhere 2.750
- Non-Profit Organizations Without Credit Available Elsewhere 2.750
For Economic Injury:
- Businesses & Small Agricultural Cooperatives Without Credit Available Elsewhere 3.000
- Non-Profit Organizations Without Credit Available Elsewhere 2.750
The SBA has also established a virtual disaster call center that is now open to field questions. To reach them, please call 800-659-2955 or contact the Solano SBDC: 707-646-1071.
PRESS RELEASE - SBA Declaration
View Press Release (english) | Ver comunicado de prensa (Spanish)
