; or (B) for a covered loan with the maturity and interest rate terms described in paragraphs (1) and (3), respectively, with the ability to obtain forgiveness of the covered loan if the nonprofit organization qualifies under subsection (j)(2). (5) Payment deferral (A) In general No payment of principal shall be due on a covered loan for the first 2 years of the covered loan. (B) Additional deferral After the 2-year deferral period described in subparagraph (A), the Administrator may grant not more than an additional 2 years of principal deferral to an eligible recipient of a covered loan if the eligible recipient is certified by the Administrator and the Secretary as economically distressed based on publicly available criteria established by the Administrator and the Secretary. (6) Origination fees (A) In general The origination fee for a covered loan shall be as follows: (i) 3.75 percent for a covered loan of not more than $100,000. (ii) 3.5 percent for a covered loan of more than $100,000 and not more than $250,000. (iii) 3.25 percent for a covered loan of more than $250,000 and not more than $500,000. (iv) 3 percent for a covered loan of more than $500,000 and not more than $750,000. (v) 2.75 percent for a covered loan of more than $750,000 and not more than $1,000,000. (vi) 2.5 percent for a covered loan of more than $1,000,000 and not more than $1,500,000. (vii) 2.25 percent for a covered loan of more than $1,500,000 and not more than $1,750,000. (viii) 2 percent for a covered loan of more than $1,750,000 and not more than $2,000,000. (ix) 1.75 percent for a covered loan of more than $2,000,000 and not more than $2,500,000. (x) 1.5 percent for a covered loan of more than $2,500,000 and not more than $3,000,000. (xi) 1.25 percent for a covered loan of more than $3,000,000 and not more than $3,500,000. (xii) 1 percent for a covered loan of more than $3,500,000 and not more than $4,000,000. (xiii) 0.75 percent for a covered loan of more than $4,000,000 and not more than $12,000,000. (B) Payment by Federal