§ 123.304 Is there a limit on the maximum loan amount to a single corporate group for COVID EIDL Loans?
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Title 13 CFR: Business Credit and Assistance › Chapter I: SMALL BUSINESS ADMINISTRATION › Part 123: DISASTER LOAN PROGRAM › Subpart D: Economic Injury Disaster Loans › § 123.304: § 123.304 Is there a limit on the maximum loan amount to a single corporate group for COVID EIDL Loans?
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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]
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