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Military Reservist Economic Injury Disaster Loans

SBA · final-rule · Published 2001-07-25 · Effective 2001-08-24 · 66 FR 38528

Document

Document number
01-18365
Federal Register citation
66 FR 38528
CFR reference
13 CFR 123
Type
Rule
Action
Final rule.
Category
final-rule
Agency
US Small Business Administration
Publication date
2001-07-25
Effective date
2001-08-24

Abstract

The Small Business Administration (SBA) is finalizing its regulations implementing a new program authorized by the Veterans Entrepreneurship and Small Business Development Act of 1999. Under this new program, SBA will make a low interest, fixed rate loan available to a small business employing a military reservist if the reservist is called up to active military duty during a period of military conflict, and he or she is an essential employee critical to the success of the business' daily operation whose call-up has caused or will cause the business substantial economic injury.

Source

Authoritative
Federal Register document
Machine
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