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FEDERAL
SBA Military Reservist Economic Injury Disaster Loan (MREIDL) – Maryland
Low-interest federal disaster loan for Maryland small businesses that suffer economic injury when an essential employee is called to active military duty; up to $2 million; particularly relevant given Maryland's large Guard/Reserve community across 15 military bases including Fort Meade, Aberdeen Proving Ground, and Andrews AFB.
About this program
Visit the program website for full details.
Eligibility
Maryland-based small businesses where an essential employee or owner is ordered to active military duty and the business suffers economic injury as a direct result.
Requirements
- Maryland-based small business
- Essential employee or owner ordered to active military duty
- Demonstrate economic injury resulting from the deployment