SBA Opens Disaster Recovery Center in Leadville for Local Businesses
What happened
The Small Business Administration opened a federal Business Recovery Center in Leadville on November 2. This center, located inside the Lake County Public Library, was established to help local business owners apply for economic injury disaster loans. These loans are tied to the Willow Fire, which occurred in June, or to drought conditions. The SBA extended the center's stay through November 30.
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Why it matters
The center assists businesses struggling due to reduced tourism following last winter's lack of snow and the Willow Fire. The loans are designed to help businesses recover from economic injury related to the fire or drought, providing access to federal funding.
From krystal93.com
Who's involved
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Main StreetSpeculative
Main Street might see increased revenue or stability through the availability of disaster loans provided by the SBA.
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The entities involved
- SBA
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Leadville
statutory city in and county seat of Lake County, Colorado, United States
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