; and (BB) may not be made to a publicly traded entity. (bb) Business concerns with more than 1 physical location (AA) In general For purposes of a supplemental covered loan under this clause, subparagraph (D)(iii) shall be applied by substituting not more than 200 employees per physical location for not more than 500 employees per physical location . (BB) Limit for multiple locations For an eligible recipient with more than 1 physical location, the total amount of all supplemental covered loans made under this clause to the eligible recipient shall not be more than $2,000,000. (V) Maximum amount The maximum amount of a supplemental covered loan under this clause is the lesser of— (aa) the product obtained by multiplying— (AA) the average total monthly payments for payroll costs by the eligible recipient used to determine the maximum amount of the covered loan under clause (i) made to the eligible recipient under this paragraph, by (BB) 2.5; or (bb) $2,000,000. (VI) Exception from certain certification requirements An eligible recipient applying for a supplemental covered loan under this clause shall not be required to make the certification described in clauses (iii) or (iv) of subparagraph (G). (VII) Reimbursement for processing supplemental PPP For a supplemental covered loan under this clause of less than or equal to $50,000, the reimbursement under subparagraph (P)(I) by the Administrator shall not be less than $2,500. . 203. Certifications and documentation for forgiveness of covered loans Section 1106 of the CARES Act ( 15 U.S.C. 9005 ) is amended— (1) in subsection (e), in the matter preceding paragraph (1), by striking An eligible recipient and all that follows through an application, and inserting Subject to subsection (f), an eligible recipient applying for loan forgiveness under this section shall provide proof of the use of covered loan proceeds,