§123.508. How can you use Military Reservist EIDL funds?
13 C.F.R. § 123.508
Your small business can use Military Reservist EIDL to:
Meet obligations as they mature,
Pay ordinary and necessary operating expenses, or
Enable the business to market, produce or provide products or services ordinarily marketed, produced, or provided by the business, which cannot be done as a result of the essential employee's military call-up.
Notes, amendments, and revision history
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.