§123.506. How much can you borrow under the Military Reservist EIDL Program?
13 C.F.R. § 123.506
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 service, up to a maximum of $2 million.
Notes, amendments, and revision history
Amendments
[73 FR 54675, Sept. 23, 2008, 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
[73 FR 54675, Sept. 23, 2008, as amended at 88 FR 24110, Apr. 19, 2023]