Monday, February 26th at 6 pm, we will be hosting a Community and Small Business Emergency Meeting about this Solano EDC Revolving Loan that requires small businesses after Covid to have a 630 Credit Score, pay a $250.00 Non-Refundable Application Fee, just to apply and 6% interest on Federal Public Money.
How was this approved in silence? How were most chambers, specifically cultural chambers left out of this conversation? who set the guidelines, that are very very TONE DEAF to this community?
Where is the data that shows that this is smart to support the resilience of business, according to the Washington Post 2022, the median credit score due to massive loss, Covid related is 550, so who’s getting this money?
How was Solano EDC, allowed this level of dereliction of duty and allowed to sit on this project for 2 years and no action? Did you know the deadline for the ARPA money that has sat for 2 years is 12/2024?
Solano County is not looking out for its people, and this can’t be allowed. Monday, Feb 26th at 6pm.
REGISTER: https://bit.ly/Revloan
“Smells to me like someone is peeing on our leg and telling us, no that smell is fresh rain”.
If you have any questions, please reach out to us at tamuri@solanoblackchamber.com or 707-673-2148 x1002.
