1. LawStack
  2. Title 13 - Business Credit and Assistance
  3. Chapter I - SMALL BUSINESS ADMINISTRATION
  4. Part 123 - DISASTER LOAN PROGRAM
  5. Subpart F - Military Reservist Economic Injury Disaster Loans
  6. 13 CFR § 123.506
13 CFR § 123.506
How much can you borrow under the Military Reservist EIDL Program?
November 10, 2020
CFR

You can borrow an amount equal to the substantial economic injury you have suffered or are likely to suffer until normal operations resume as a result of the absence of one or more essential employees called to active duty, up to a maximum of $2 million.

[73 FR 54675, Sept. 23, 2008]

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§ 123.505 What if you are both an essential employee and the owner of the small business and you started active duty before applying for a Military Reservist EIDL?
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§ 123.507 Under what circumstances will SBA consider waiving the $2 million loan limit?

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