636(a)) for which an application is approved or pending approval on or after the date of enactment of this Act, the maximum loan amount shall be the lesser of. (c) Maximum loan amount.-During the covered period, with respect to any loan guaranteed under section 7(a) of the Small Business Act ( 15 U.S.C. 1396 et seq.) or under a waiver of such plan. (2) EXCLUSION OF NONPROFITS RECEIVING MEDICAID EXPENDITURES.-Paragraph (1) shall not apply to a nonprofit entity eligible for payment for items or services furnished under a State plan under title XIX of the Social Security Act ( 42 U.S.C. 636(a)), in addition to small business concerns. (1) IN GENERAL.-During the covered period, any business concern, private nonprofit organization, or public nonprofit organization which employs not more than 500 employees shall be eligible to receive a loan made under section 7(a) of the Small Business Act ( 15 U.S.C. (b) Increased eligibility for certain small businesses and organizations. (a) Definition of covered period.-In this section, the term “covered period” means the period beginning on Maand ending on December 31, 2020.
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