SBA Military Reservist Economic Injury Disaster Loans (MREIDL)

SBA Military Reservist Economic Injury Disaster Loans (MREIDL) are low-interest, government-backed loans that provide financial support to businesses affected by the deployment of an essential employee who is a military reservist.

Helps businesses recover from the financial impact of losing an essential employee called to active military duty. These loans provide working capital to maintain business operations during the employee’s absence.

Loan Amount: Up to $2 million

Purpose: Covers ongoing business expenses during the reservist’s deployment

Eligibility: Business must show that the loss of a key employee creates a financial hardship

MREIDLs ensure that businesses can continue operating smoothly despite temporary personnel disruptions caused by military service obligations.