Colorado Willow Fire Businesses Get Low-Interest Disaster Loans
Published Date: 10/28/2026
Notice
Summary
Colorado’s small businesses and nonprofits hit by the Willow Fire between June 28 and September 16, 2026, can now apply for special low-interest disaster loans to help recover. Applications are open until July 23, 2027, so affected folks have plenty of time to get financial help and bounce back stronger. This declaration covers Lake County and nearby areas, offering a financial lifeline with rates as low as 3.625%!
Analyzed Economic Effects
4 provisions identified: 4 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 and you cannot get credit elsewhere, you can apply for an Economic Injury Disaster Loan (EIDL) with an interest rate of 4.000%. The loan availability covers the Willow Fire incident period of June 28, 2026 through September 16, 2026 and applications are open through July 23, 2027.
Low‑interest EIDLs for Nonprofits
If you are a private nonprofit organization in the declared areas and you cannot get credit elsewhere, you can apply for an Economic Injury Disaster Loan (EIDL) with an interest rate of 3.625%. The loans relate to the Willow Fire incident (June 28, 2026 through September 16, 2026) and the application deadline is July 23, 2027.
Counties Eligible for EIDL Assistance
The declaration lists Lake County as the primary affected county and the contiguous Colorado counties Chaffee, Eagle, Park, Pitkin, and Summit as also determined to be adversely affected by the Willow Fire. Businesses and nonprofits in these counties are the entities identified for EIDL eligibility related to the June 28, 2026 through September 16, 2026 incident.
Where and When to Apply
You can apply for these disaster loans online at the MySBA Loan Portal (https://lending.sba.gov) or in person at announced local locations. The Economic Injury (EIDL) application deadline is July 23, 2027, and the declaration was issued on October 23, 2026 for the Willow Fire incident that ran from June 28, 2026 through September 16, 2026.
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