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13 CFR 123.508

§ 123.508 How can you use Military Reservist EIDL funds?

United States · 13 CFR — Business Credit and Assistance · Status: effective

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13 CFR 123.508, § 123.508 How can you use Military Reservist EIDL funds?, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/52468
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Your small business can use Military Reservist EIDL to: (a) Meet obligations as they mature, (b) Pay ordinary and necessary operating expenses, or (c) Enable the business to market, produce or provide products or services ordinarily marketed, produced, or provided by the business, which cannot be done as a result of the essential employee's military call-up.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.