SBA Updates Disaster Loan and Military Reservist Economic Injury Disaster Loan Programs


The US Small Business Administration (SBA) has announced updates to its disaster loan and Military Reservist Economic Injury Disaster Loan (MREIDL) programs. Under these programs, the SBA can make loans, respectively, to repair, rehabilitate, or replace real or personal property damaged or destroyed by a disaster or to a small business that suffered substantial economic injury because an essential employee was ordered to perform active military service.

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