Sec. 5002. TARGETED EIDL ADVANCE
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## SEC. 5002 TARGETED EIDL ADVANCE **[**[15 U.S.C. 9009 note](/us/usc/t15/s9009)**]** ###
(a)Definitions In this section— ####
(1)the term “Administrator” means the Administrator of the Small Business Administration; and ####
(2)the terms “covered entity” and “economic loss” have the meanings given the terms in section 331(a) of the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act (title III of division N of Public Law 116-260). ###
(b)Appropriations In addition to amounts otherwise available, there is appropriated to the Administrator for fiscal year 2021, out of any money in the Treasury not otherwise appropriated, $15,000,000,000— ####
(1)to remain available until expended; and ####
(2)of which, the Administrator shall use— #####
(A)$10,000,000,000 to make payments to covered entities that have not received the full amounts to which the covered entities are entitled under section 331 of the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act (title III of division N of Public Law 116-260); and #####
(B)$5,000,000,000 to make payments under section 1110(e) of the CARES Act (15 U.S.C. 9009(e)), each of which shall be— ######
(i)made to a covered entity that— ######
(I)has suffered an economic loss of greater than 50 percent; and ######
(II)employs not more than 10 employees; ######
(ii)in an amount that is $5,000; and ######
(iii)with respect to the covered entity to which the payment is made, in addition to any payment made to the covered entity under section 1110(e) of the CARES Act (15 U.S.C. 9009(e)) or section 331 of the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act (title III of division N of Public Law 116-260).
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