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FEDERAL
Military Reservist Economic Injury Disaster Loan
SBA's MREIDL provides working-capital loans to eligible small businesses hurt when an essential employee or owner is called to active duty as a military reservist.
About this program
Visit the program website for full details.
Eligibility
Eligible applicants are small businesses, including Nebraska businesses, that suffer economic injury because an essential employee who is a military reservist is called to active duty.
Requirements
- Have an essential employee or owner who is a military reservist called to active duty.
- Show that the call-up caused substantial economic injury and operating expense needs.
- Demonstrate that credit is not otherwise available on reasonable terms without undue hardship.