§ 123.304. Is there a limit on the maximum loan amount to a single corporate group for COVID EIDL Loans?
55 words·~1 min read·
/us/cfr/t13/s§ 123.304·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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. \[86 FR 50219, Sept. 8, 2021\]