[Federal Register Volume 89, Number 195 (Tuesday, October 8, 2024)]
[Notices]
[Page 81614]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-23210]



[[Page 81614]]

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SMALL BUSINESS ADMINISTRATION

[Disaster Declaration Number #20713 Disaster Number ZZ-00020]


The Entire United States and U.S. Territories; Military Reservist 
Economic Injury Disaster Loan Program (MREIDL)

AGENCY: U.S. Small Business Administration.

ACTION: Notice.

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SUMMARY: This is a notice of the Military Reservist Economic Injury 
Disaster Loan Program (MREIDL), dated 10/01/2024.

DATES: Issued on 10/01/2024.
    MREIDL Loan Application Deadline Date: 1 year after the essential 
employee is discharged or released from active service.

ADDRESSES: Visit the MySBA Loan Portal at https://lending.sba.gov to 
apply for a disaster assistance loan.

FOR FURTHER INFORMATION CONTACT: Alan Escobar, Office of Disaster 
Recovery & Resilience, U.S. Small Business Administration, 409 3rd 
Street SW, Suite 6050, Washington, DC 20416, (202) 205-6734.

SUPPLEMENTARY INFORMATION: This notice establishes the application 
filing period for the Military Reservist Economic Injury Disaster Loan 
Program (MREIDL).
    Effective 10/01/2024 small businesses employing military reservists 
may apply for economic injury disaster loans if those employees are 
ordered to perform active service for a period of more than 30 
consecutive days, and those employees are essential to the success of 
the small businesses' daily operations.
    The purpose of the MREIDL program is to provide funds to an 
eligible small business to meet its ordinary and necessary operating 
expenses that it could have met, but is unable to meet, because an 
essential employee was ordered to perform active service for more than 
30 consecutive days in his or her role as a military reservist. These 
loans are intended only to provide the amount of working capital needed 
by a small business to pay its necessary obligations as they mature 
until operations return to normal after the essential employee is 
released from active service.
    Applications for the Military Reservist Economic Injury Disaster 
Loan Program may be submitted online using the MySBA Loan Portal 
(https://lending.sba.gov).
    Please contact the SBA disaster assistance customer service center 
by email at <a href="/cdn-cgi/l/email-protection#e3878a908290978691809690978c8e8691908691958a8086a3908182cd848c95"><span class="__cf_email__" data-cfemail="e3878a908290978691809690978c8e8691908691958a8086a3908182cd848c95">[email protected]</span></a> or by phone at 1-800-659-
2955 for further assistance.
    The interest rates are published quarterly in the Federal Register. 
The current rate for eligible small businesses is 4.000.
    The number assigned is 207130.

(Catalog of Federal Domestic Assistance Number 59008)

Francisco S[aacute]nchez, Jr.,
Associate Administrator, Office of Disaster Recovery & Resilience.
[FR Doc. 2024-23210 Filed 10-7-24; 8:45 am]
BILLING CODE 8026-09-P


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