The U.S. Small Business Administration has issued a notice about a disaster declaration for the State of Colorado due to wildfires that occurred from September 6, 2020, to November 5, 2020. Affected areas include Grand County and several contiguous counties. This declaration allows affected businesses and residents to apply for physical damage and economic injury loans. The deadlines for loan applications are April 26, 2021, for physical damage and November 23, 2021, for economic injury loans.
Simple Explanation
The Small Business Administration said there was a big fire in Colorado, and now people who got hurt or had their things damaged can ask for special help in the form of loans to fix what the fire broke.