Is there a limit on the maximum loan amount to a single corporate group for COVID EIDL Loans?
13 C.F.R. § 123.304
in effectEffective: 2024-07-01Entities 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.
Source: eCFRURL: https://www.ecfr.gov/api/versioner/v1/full/2024-07-01/title-13.xmlFetched: 7/26/2026