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Management Buzz 4/04

Covering expenses for employees on active duty, calculating employee loyalty and more

This story appears in the April 2004 issue of Entrepreneur. Subscribe »

Duty Calls

operations don't have to go AWOL when a key employee is called to active duty in the military.

Through the , businesses can get Military Reservist Economic Injury Disaster Loans to cover the cost of hiring skilled temporary workers or consultants to carry the load of a reservist employee who has been called to the front. The loans are typically approved within days, and interest rates don't top 4 percent, says the SBA's Carol Chastang. Entrepreneurs can borrow up to $1.5 million under the loan.

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