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FEDERAL
SBA Military Reservist Economic Injury Disaster Loan (MREIDL) — Minnesota
MREIDL provides up to $2 million in low-interest loans for Minnesota small businesses that suffer economic injury when an essential employee is called to active military duty.
About this program
Visit the program website for full details.
Eligibility
Small businesses in Minnesota that cannot meet operating expenses because an essential employee was called to active duty.
Requirements
- Essential employee called to active military duty
- Business cannot meet necessary operating expenses without the employee
- Apply within 1 year of employee's release from active duty