SBA Form 1368 "Additional Filing Requirements Economic Injury Disaster Loan (Eidl), and Military Reservist Economic Injury Disaster Loan (Mreidl)"

What Is SBA Form 1368?

SBA Form 1368, Additional Filing Requirements Economic Injury Disaster Loan (EIDL), and Military Reservist Economic Injury Disaster Loan (MREIDL) is a form filed by EIDL and MREIDL applicants and submitted to the Small Business Administration (SBA) to determine their eligibility for receiving funding. The February 2015 version of the form is available for download and digital filing below.

The form - also referred to as the SBA Loan Form 1368 - is used for providing information on the business's monthly sales for three years before the disaster along with a financial forecast of income and expenses until the time when the business is predicted to operate normally again.

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SBA Form 1368 Instructions

Any small business or agricultural cooperative that meets the SBA-defined size standards or any private non-profit organization may apply for the EIDL or the MREIDL. Loan applicants must establish that the claimed injury sustained by their business is substantial and is a direct result of the federally-declared disaster.

An EIDL provides the working capital necessary for the business to continue operations until the effects of the declared disaster have passed. The loan is available only if funding is unavailable from any other sources.

An MREIDL provides the applicant with working capital to make up for the economic injury caused by the call-up of an essential employee to active duty as a result of a military conflict. Eligible applicants must prove that claimed injury is substantial and is directly caused by the call-up of that essential employee.

Applicants for economic injury loans must also submit an explanation of the economic loss caused by the disaster and an explanation of how the funding would be used. Applicants are also required to provide proof that their business could not obtain the required credit elsewhere.

SBA 1368 Related Forms

  1. SBA Form 5 (Disaster Business Loan Application) is a form used to apply for financial assistance to repair or replace real estate or business property damaged due to a disaster.
  2. SBA Form 413 (Personal Financial Statement) is used b the SBA to analyze the repayment ability and creditworthiness of all SBA Loan applicants.
  3. SBA Form 2202 (Schedule of Liabilities) is a supplement to the balance sheet required to be submitted with the SBA Form 5 (Disaster Business Loan Application).
  4. IRS Form 4506-T (Request for Transcript of Tax Return) is a form used to request past tax transcripts that are on file with the Internal Revenue Service (IRS).
  5. IRS Form 8821 (Tax Information Authorization) is used for authorizing the IRS to disclose confidential tax information to and appointed person or organization.
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Download SBA Form 1368 "Additional Filing Requirements Economic Injury Disaster Loan (Eidl), and Military Reservist Economic Injury Disaster Loan (Mreidl)"

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OMB No. 3245-0017
Expiration Date: 01/31/2018
U. S. Small Business Administration
ADDITIONAL FILING REQUIREMENTS
ECONOMIC INJURY DISASTER LOAN (EIDL), and
MILITARY RESERVIST ECONOMIC INJURY DISASTER LOAN (MREIDL)
*
An EIDL is limited to providing working capital that is unavailable from other sources, as determined by the U.S. Small Business
Administration (SBA), for an eligible business to continue operations until the effects of the declared disaster have passed.
A MREIDL is limited to providing working capital that is unavailable from other sources, as determined by the SBA, for an
*
eligible business to continue operations until the effects of a call-up to active duty (as a result of a military conflict) of an
essential employee have passed.
*
The APPLICANT must be a small business or small agricultural cooperative, as defined in SBA's published size standards, or
an eligible private non-profit organization of any size.
*
The APPLICANT must establish that the claimed economic injury is substantial and is a direct result of the declared disaster.
For MREIDL, the applicant must establish the claimed economic injury is substantial and is a direct result of the call-up of an
essential employee. Substantial economic injury generally means a decrease in income from operations or working capital
with the result that the business is unable to meet its obligations and pay ordinary and necessary operating expenses in the
normal course of business.
PROVIDE THE FOLLOWING INFORMATION IN ADDITION TO THE REQUIREMENTS ON THE
“DISASTER BUSINESS LOAN APPLICATION,” SBA FORM 5
Monthly Sales Figures
Provide monthly sales figures (you may estimate if actual figures are not available) beginning 3 years prior to the disaster and
continuing through the most recent month available.
PLEASE NOTE: Identify any estimates with a small letter “e” after the number.
Month
Fiscal year
Fiscal year
Fiscal year
Current year/
to date
*Totals
*Please note: the total figures for each year should reconcile to the sales figures on your tax returns for the
corresponding fiscal year.
PLEASE SUBMIT ANY ADDITIONAL NARRATIVE OR FINANCIAL INFORMATION
YOU FEEL WILL HELP ESTABLISH YOUR ECONOMIC LOSS
CONTINUED ON REVERSE
SBA Form 1368 (02-15) Reference SOP 50-30 Previous editions are obsolete.
OMB No. 3245-0017
Expiration Date: 01/31/2018
U. S. Small Business Administration
ADDITIONAL FILING REQUIREMENTS
ECONOMIC INJURY DISASTER LOAN (EIDL), and
MILITARY RESERVIST ECONOMIC INJURY DISASTER LOAN (MREIDL)
*
An EIDL is limited to providing working capital that is unavailable from other sources, as determined by the U.S. Small Business
Administration (SBA), for an eligible business to continue operations until the effects of the declared disaster have passed.
A MREIDL is limited to providing working capital that is unavailable from other sources, as determined by the SBA, for an
*
eligible business to continue operations until the effects of a call-up to active duty (as a result of a military conflict) of an
essential employee have passed.
*
The APPLICANT must be a small business or small agricultural cooperative, as defined in SBA's published size standards, or
an eligible private non-profit organization of any size.
*
The APPLICANT must establish that the claimed economic injury is substantial and is a direct result of the declared disaster.
For MREIDL, the applicant must establish the claimed economic injury is substantial and is a direct result of the call-up of an
essential employee. Substantial economic injury generally means a decrease in income from operations or working capital
with the result that the business is unable to meet its obligations and pay ordinary and necessary operating expenses in the
normal course of business.
PROVIDE THE FOLLOWING INFORMATION IN ADDITION TO THE REQUIREMENTS ON THE
“DISASTER BUSINESS LOAN APPLICATION,” SBA FORM 5
Monthly Sales Figures
Provide monthly sales figures (you may estimate if actual figures are not available) beginning 3 years prior to the disaster and
continuing through the most recent month available.
PLEASE NOTE: Identify any estimates with a small letter “e” after the number.
Month
Fiscal year
Fiscal year
Fiscal year
Current year/
to date
*Totals
*Please note: the total figures for each year should reconcile to the sales figures on your tax returns for the
corresponding fiscal year.
PLEASE SUBMIT ANY ADDITIONAL NARRATIVE OR FINANCIAL INFORMATION
YOU FEEL WILL HELP ESTABLISH YOUR ECONOMIC LOSS
CONTINUED ON REVERSE
SBA Form 1368 (02-15) Reference SOP 50-30 Previous editions are obsolete.
It can be helpful to provide a financial forecast to illustrate what the income and expenses for the business
will be during the period affected by the disaster until normal operations resume. This is not required.
This optional format is provided for your convenience.
Period covered by this forecast. From
To
Net sales (receipts)
Less cost of goods sold
Gross profit
Less expenses
Officers salaries
Employee wages
Advertising
Rent
Utilities
Interest
Taxes
Insurance
Other expenses
Total expenses
Net profit <Loss> before income taxes
PLEASE SUBMIT ANY ADDITIONAL NARRATIVE OR FINANCIAL INFORMATION
YOU FEEL WILL HELP ESTABLISH YOUR ECONOMIC LOSS
Please note: The estimated burden for completing this form is 1 hour. You are not required to respond to any collection of information unless it displays a
current valid OMB approval number. Comments on the burden should be sent to U.S. Small Business Administration; Chief, AIB; 409 3rd St., SW,
Washington, DC 20416 and Desk Officer for the Small Business Administration; Office of Management and Budget, New Executive Office Building, Room
.
10202, Washington, DC 20503. OMB Approval (3245-0017). Please do not send forms to OMB
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