SBA offers disaster assistance to Denver metro residents affected by hailstorm
DENVER -- It has been called the most expensive hailstorm in Colorado's history. Insurance losses are estimated to reach more than $1.4 billion from the hailstorm that swept the metro area on May 8. The most expensive hailstorm before then was the $1.1 billion storm of July 11, 1990. Now that Gov. John Hickenlooper has declared the hailstorm a disaster, the U.S. Small Business Administration is able to offer low-interest federal disaster loans to businesses and residents affected in the Denver metro area.