13 CFR 123.501 - Under what circumstances is your business eligible to be considered for a Military Reservist Economic Injury Disaster Loan?
Your business is eligible to apply for a Military Reservist EIDL if:
(a) It is a small business as defined in 13 CFR part 121 when the essential employee was called to active duty,
(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,
(c) The essential employee has been called-up to active military duty during a period of military conflict existing on or after March 24, 1999,
(d) The business has suffered or is likely to suffer substantial economic injury as a result of the absence of the essential employee, and
(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).
Title 13 published on 2015-01-01
The following are ALL rules, proposed rules, and notices (chronologically) published in the Federal Register relating to 13 CFR Part 123 after this date.