; (B) a covered entity owned or controlled by a veteran or a member of the Armed Forces; (C) a covered entity owned or controlled by an economically disadvantaged individual or a socially disadvantaged individual; or (D) a remote recreational enterprise. (9) Administration In carrying out this subsection, the Administrator may rely on loan officers and other personnel of the Office of Disaster Assistance of the Administration and other resources of the Administration, including contractors of the Administration. (10) Retroactive effect Any covered entity that, during the period beginning on January 1, 2020, and ending on the day before the date of enactment of this subsection, applied for a loan under section 7(b)(2) of the Small Business Act ( 15 U.S.C. 636(b)(2) ) may submit to the Administrator a request under paragraph (2) with respect to that loan. (11) Authorization of appropriations There are authorized to be appropriated to the Administrator $40,000,000,000 to carry out this subsection, which shall remain available through December 31, 2020, of which— (A) $20,00,000,000 is authorized to be appropriated to provide funding to covered entities described in paragraph (8); and (B) $20,000,000 is authorized to be appropriated to the Inspector General of the Administration to prevent waste, fraud, and abuse with respect to funding provided under this subsection. . 406. Modifications to economic injury disaster loans (a) Loans for new borrowers With respect to a loan made under section 7(b)(2) of the Small Business Act ( 15 U.S.C. 636(b)(2) ) to a borrower adversely impacted by COVID–19 during the period beginning on the date of enactment of this Act and ending on December 31, 2020— (1) the borrower shall be eligible for a loan in an amount equal to 6 months of working capital if the borrower otherwise meets the underwriting standards established by the Administration; and (2) the Administrator— (A) shall not impose a maximum loan amount limit that is lower than $2,000,000