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FEDERAL
SBA Military Reservist Economic Injury Disaster Loan (MREIDL) – Vermont
SBA MREIDL provides low-interest loans up to $2 million at 4% to Vermont small businesses that suffer economic injury when an essential employee is called to active duty. Protects Vermont businesses during Guard or Reserve deployments.
About this program
Visit the program website for full details.
Eligibility
Vermont small businesses suffering economic injury due to an essential employee called to active duty. Must be unable to obtain credit elsewhere.
Requirements
- Essential employee called to active duty from a Vermont small business
- Business suffers economic injury from the deployment
- Apply within one year of employee's activation at disasterloanassistance.sba.gov