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