Friday, October 19, 2012

Blaine County eligible for disaster loans

Businesses affected by fires can apply

Express Staff Writer

Blaine County businesses may be eligible for low-interest loans from the federal Small Business Administration due to a program that helps businesses affected by natural disasters.

Jerry Miller, an economic development specialist with the Idaho Department of Commerce, said the state is working with the Small Business Administration to see if enough Idaho businesses qualify for and would be interested in these loans.

Miller said that even though Blaine County did not experience wildfires on the scale of those in Elmore and Custer counties, adjacent counties are eligible for the loans if the program is approved. He said the Small Business Administration will only approve the program if at least five businesses in the state can show they were impacted by wildfires.

“They do not have to have been on fire or in an evacuation zone,” he added.

All that businesses must do is show that their sales were less this year than last year, likely because of nearby recreation area closures or smoke.

Miller said businesses should fill out an Economic Injury Form, which is available at the Idaho Department of Commerce website,, under the “Community Programs” tab at the top. 

The form consists of one page and asks for business revenues last year and this year, with an explanation of the adverse impacts of the fire on the specific business.

Miller emphasized that the money would be a loan, not a grant. He said the interest rate has not yet been determined, but the last time the Small Business Administration offered the program it was 4 percent.

Miller said the forms must be submitted by the end of the year, and five businesses must apply in order for the state to be eligible for the program.

“Once we get five forms, we submit those to SBA and the SBA will approve the economic injury declaration,” he said.

Kate Wutz:


About Comments

Comments with content that seeks to incite or inflame may be removed.

Comments that are in ALL CAPS may be removed.

Comments that are off-topic or that include profanity or personal attacks, libelous or other inappropriate material may be removed from the site. Entries that are unsigned or contain signatures by someone other than the actual author may be removed. We will take steps to block users who violate any of our posting standards, terms of use or any other policies governing this site. Use of this system denotes full acceptance of these conditions. Please review the full rules governing commentaries and discussions. You are fully responsible for the content that you post.

The comments below are from the readers of and in no way represent the views of Express Publishing, Inc.

You may flag individual comments. You may also report an inappropriate or offensive comment by clicking here.

Flagging Comments: Flagging a comment tells a site administrator that a comment is inappropriate. You can find the flag option by pointing the mouse over the comment and clicking the 'Flag' link.

Flagging a comment is only counted once per person, and you won't need to do it multiple times.

Proper Flagging Guidelines: Every site has a different commenting policy - be sure to review the policy for this site before flagging comments. In general these types of comments should be flagged:

  • Spam
  • Ones violating this site's commenting policy
  • Clearly unrelated
  • Personal attacks on others
Comments should not be flagged for:
  • Disagreeing with the content
  • Being in a dispute with the commenter

Popular Comment Threads

 Local Weather 
Search archives:

Copyright © 2020 Express Publishing Inc.   Terms of Use   Privacy Policy
All Rights reserved. Reproduction in whole or in part in any form or medium without express written permission of Express Publishing Inc. is prohibited. 

The Idaho Mountain Express is distributed free to residents and guests throughout the Sun Valley, Idaho resort area community. Subscribers to the Idaho Mountain Express will read these stories and others in this week's issue.