by any public health authority to mitigate the spread of COVID–19. (d) Loan terms (1) Amount Loans made under this section may not exceed $2,500,000. (2) Disbursement Not more than 20 percent of the proceeds of a loan made under this section shall be disbursed not later than 5 calendar days after a loan is approved under this section. (3) Term Loans made under this section shall be for a term of 10 years, and a borrower shall not be required to repay such loan during the 12-month period beginning on the date of disbursement of the loan. (4) Interest