---
kind: "section"
citation: "13 C.F.R. § 123.505"
title: "13"
number: "123.505"
heading: "What if you are both an essential employee and the owner of the small business and you started active service before applying for a Military Reservist EIDL?"
url: "https://uscodex.org/cfr/13/123.505"
---

# §123.505. What if you are both an essential employee and the owner of the small business and you started active service before applying for a Military Reservist EIDL?


If you are both an essential employee and the owner of the small business and you started active service before applying for an Military Reservist EIDL, a person who has a power of attorney with the authority to borrow and make other related commitments on your behalf, may complete and submit the EIDL loan application package for you.


## Notes

### Amendments

[66 FR 38530, July 25, 2001, as amended at 88 FR 24110, Apr. 19, 2023]

### Source

Source: 66 FR 38530, July 25, 2001, unless otherwise noted.

### Authority

Authority: 15 U.S.C. 632, 634(b)(6), 636(b), 636(d), 657n, 9009, and U.S. Const. art. VI, cl. 10.

### Source

Source: 61 FR 3304, Jan. 31, 1996, unless otherwise noted.

### Amendments

[66 FR 38530, July 25, 2001, as amended at 88 FR 24110, Apr. 19, 2023]