Colorado Fires Spark SBA Loans: Businesses Get Economic Lifeline
Published Date: 11/21/2025
Notice
Summary
Colorado businesses in Rio Blanco and nearby counties hit by the Lee and Elk fires, mudslides, and debris flows can now apply for special low-interest disaster loans. These loans help cover economic losses from August 2-29, 2025, and applications are open until August 18, 2026. This means affected small businesses and nonprofits have a financial lifeline to bounce back stronger!
Analyzed Economic Effects
2 provisions identified: 2 benefits, 0 costs, 0 mixed.
Low‑Interest EIDLs for Small Businesses
If you are a small business or small agricultural cooperative in the declared areas of Colorado or Utah, you can apply for an Economic Injury Disaster Loan (EIDL) for losses from August 2–29, 2025. The interest rate for businesses and small agricultural cooperatives without credit available elsewhere is 4.000%, and applications are accepted through August 18, 2026 via the MySBA Loan Portal (https://lending.sba.gov).
EIDLs Available to Nonprofit Organizations
If your nonprofit organization in the declared areas of Colorado or Utah suffered economic injury during August 2–29, 2025, you may apply for an Economic Injury Disaster Loan. The interest rate for nonprofit organizations without credit available elsewhere is 3.625%, and the application deadline is August 18, 2026 (apply at https://lending.sba.gov).
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Key Dates
Department and Agencies
Related Federal Register Documents
2026-18596, Administrative Declaration of a Disaster for the Commonwealth of Pennsylvania
This is correction of the SBA Administrative declaration of a disaster for the commonwealth of Pennsylvania dated August 19, 2026. Incident: Severe Storms and Flooding.
2026-18519, Presidential Declaration of a Major Disaster for Public Assistance Only for the State of Colorado
This is notice of the Presidential declaration of a major disaster for Public Assistance Only for the state of Colorado (FEMA- 4944-DR), dated September 1, 2026. Incident: Wildfires, Flooding, and Mudslides.
2026-18603, Presidential Declaration Amendment of a Major Disaster for Public Assistance Only for the State of Mississippi
This is an amendment of the Presidential declaration of a major disaster for Public Assistance Only for the State of Mississippi (FEMA-4930-DR), dated August 3, 2026. Incident: Tropical Storm Arthur.
2026-18527, Privacy Act of 1974; Matching Program
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2026-18273, Presidential Declaration of a Major Disaster for Public Assistance Only for the State of Iowa
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2026-18272, Presidential Declaration of a Major Disaster for Public Assistance Only for the State of Kansas
This is notice of the Presidential declaration of a major disaster for Public Assistance Only for the state of Kansas (FEMA-4940- DR), dated September 1, 2026. Incident: Severe Storms, Straight-line Winds, Tornadoes, and Flooding.
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