The crash took place on take-off near the Montrose Regional Airport, KUSA-TV reported Sunday. Ebersol survived the crash.
The plane's pilot, flight attendant, and one passenger died when the plane burst into flames after plowing through a fence, said Federal Aviation Administration Spokesman Allen Kenitzer. However, the local sheriff's department only confirmed two deaths.
Two passengers suffered life-threatening injuries and were taken to a local hospital. A sixth person was reported missing after the crash.
The FAA and National Safety Transportation Board dispatched investigation teams to the area Sunday to determine the cause of the crash.
The jet was headed to South Bend, Ind.