Code of Federal Regulations (Last Updated: May 6, 2024) |
Title 13 - Business Credit and Assistance |
Chapter I - Small Business Administration |
Part 123 - Disaster Loan Program |
Subpart D - Economic Injury Disaster Loans |
§ 123.304 - Is there a limit on the maximum loan amount to a single corporate group for COVID EIDL Loans?
Latest version.
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§ 123.304 Is there a limit on the maximum loan amount to a single corporate group for COVID EIDL Loans?
Entities that are part of a single corporate group shall in no event receive more than $10,000,000 of COVID EIDL loans in the aggregate. For purposes of this limit, entities are part of a single corporate group if they are majority owned, directly or indirectly, by a common parent.
[86 FR 50219, Sept. 8, 2021]