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FEDERAL

SBA Military Reservist Economic Injury Disaster Loan (MREIDL) – Texas

The SBA MREIDL provides low-interest loans up to $2 million at 4% for Texas small businesses unable to meet operating expenses because an essential employee (reservist or Guard member) was called to active duty.

About this program

Visit the program website for full details.

Eligibility

Texas small businesses where an essential employee is a military reservist or National Guard member called to active duty. Apply while on active duty or within 1 year after service ends.

Requirements

  • Essential employee is a reservist or Guard member called to active duty
  • Business unable to meet operating expenses as a result
  • Apply within 1 year after discharge