---
kind: "section"
citation: "13 C.F.R. § 123.304"
title: "13"
number: "123.304"
heading: "Is there a limit on the maximum loan amount to a single corporate group for COVID EIDL Loans?"
url: "https://uscodex.org/cfr/13/123.304"
---

# §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.


## Notes

### Amendments

[86 FR 50219, Sept. 8, 2021]

### Authority

Authority: 15 U.S.C. 632, 634(b)(6), 636(b), 636(d), 657n, 9009, and U.S. Const. art. VI, cl. 10.

### Source

Source: 61 FR 3304, Jan. 31, 1996, unless otherwise noted.

### Amendments

[86 FR 50219, Sept. 8, 2021]