StacksVerified U.S. regulatory reference

13 CFR §123.501

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
Your business is eligible to apply for a Military Reservist EIDL if:
  1. (a)It is a small business as defined in 13 CFR part 121 when the essential employee was called to active service,
  2. (b)The owner of the business is a military reservist and an essential employee or the business employs a military reservist who is an essential employee,
  3. (c)The essential employee has been called-up to active service for a period of more than 30 consecutive days,
  4. (d)The business has suffered or is likely to suffer substantial economic injury as a result of the absence of the essential employee, and
  5. (e)You and your affiliates and principal owners (20% or more ownership interest) have used all reasonably available funds, and you are unable to obtain credit elsewhere (see § 123.104).