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Federal regulations · Through 2026-08-25 · Newer source version available

13 CFR 123.511: How will SBA disburse Military Reservist EIDL funds?

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Where this section sits in the code
  1. Title 13—Business Credit and Assistance
  2. CHAPTER I—SMALL BUSINESS ADMINISTRATION
  3. PART 123—DISASTER LOAN PROGRAM
  4. Subpart F—Military Reservist Economic Injury Disaster Loans

Funds will be disbursed only after the essential employee has been called to active service, and you have provided a copy of the essential employee's official call-up orders for active service showing the date of the call-up. SBA will disburse your funds in quarterly installments (unless otherwise specified in your loan authorization agreement) based on a continued need as demonstrated by comparative financial information. On or about 30 days before your scheduled fund disbursement, SBA will request ordinary and usual financial statements (including balance sheets and profit and loss statements). Based on this information, SBA will assess your continued need for disbursements under this program. Upon making such assessment, SBA will notify you of the status of future disbursements.

Collected 2026-08-27T02:24:18Z. Source file · JSON

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