Gov. Reynolds Announces SBA Disaster Assistance for Davenport Apartments Collapse

Press Release

Today, Gov. Kim Reynolds announced the U.S. Small Business Administration (SBA) has granted her request to provide assistance in the form of low-interest disaster loans for residents and businesses impacted by the partial building collapse of The Hotel Davenport Apartments.

Homeowners, renters, businesses, and most nonprofit organizations in Scott County whose property was damaged or destroyed by this incident will be able to apply for low-interest disaster loans from the SBA. Residents, businesses, and nonprofit organizations in the surrounding counties of Cedar, Clinton, and Muscatine, whose property was damaged or destroyed as a result of this incident, also may be eligible for SBA assistance. In addition, impacted small businesses, agricultural cooperatives, and nonprofit organizations in the above counties will be eligible to apply for Economic Injury Disaster loans.

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