Is there a limit on the maximum loan amount to a single corporate group for COVID EIDL Loans?

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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]


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