The
U.S. Small Business Administration has announced some Colorado counties are now available for low-interest
Economic Injury Disaster Loans (EIDLs). "These loans offset economic losses because of reduced revenues caused by adverse weather conditions that occurred in some Colorado counties. SBA eligibility covers both the economic impacts on businesses dependent on farmers and ranchers that have suffered agricultural production losses caused by the disaster and businesses directly impacted by the disaster. Small, nonfarm businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private, nonprofit organizations of any size may qualify for EIDLs of up to $2 million to help meet financial obligations and operating expenses which could have been met had the disaster not occurred." Below is a list of eligible counties. More information available
here.
EIDL #
|
Primary
Counties
|
Neighboring
Counties
|
Incident
Type
|
Incident
Date
|
Deadline
|
12724
|
Delta, Mesa
and Montrose
|
Garfield, Gunnison, Ouray, Pitkin and
San Miguel in Colorado; and Grand and San Juan in Utah
|
Freezing conditions
|
4/26 through 5/3/11
|
3/29/12
|
12725
|
Alamosa, Conejos, Costilla, Rio Grande and Saguache
|
Archuleta, Chaffee, Custer, Fremont, Gunnison,
Hinsdale, Huerfano, Las Animas and Mineral in Colorado; and Colfax, Rio Arriba
and Taos in New Mexico
|
Drought
|
Beginning 5/1/11
|
3/29/12
|
Applicants may apply online using the Electronic Loan Application via
SBA's secure web site. The deadline to apply for these loans is
March 29, 2012.
Disaster loan information and application forms are also available from SBA by calling SBA toll-free at (800) 659-2955, emailing
disastercustomerservice@sba.gov, or visiting
SBA's Disaster Loans website.
