; and (2) by striking the same purpose and and inserting payments for payroll costs incurred during such period . (b) Treasury program Section 1109(f) of the CARES Act ( 15 U.S.C. 9008(f) ) is amended— (1) in paragraph (1), by striking for the same purpose and inserting for payments for payroll costs (as defined in section 7(a)(36)(A)(viii) of the Small Business Act ( 15 U.S.C. 636(a)(36)(A)(viii) ) ; and (2) in paragraph (2), by striking December 31, 2020 and inserting June 30, 2020 . 213. Application of certain terms through life of covered loan Section 7(a)(36) of the Small Business Act ( 15 U.S.C. 636(a)(36) ) is amended— (1) in subparagraph (H), by striking During the covered period, with and inserting With ; (2) in subparagraph (J), by striking During the covered period, with and inserting With ; (3) in subparagraph (M)— (A) in clause (ii), by striking During the covered period, the and inserting The ; and (B) in clause (iii), by striking During the covered period, with and inserting With . 214. Interest calculation on covered loans Section 7(a)(36)(L) of the Small Business Act ( 15 U.S.C. 636(a)(36)(L) ) is amended by inserting , calculated on a non-compounding, non-adjustable basis after 4 percent . 215. Reimbursement for processing Section 7(a)(36)(P) of the Small Business Act ( 15 U.S.C. 636(a)(36)(P) ) is amended— (1) in clause (ii), by inserting at the end the following: Such fees shall be paid by the eligible recipient and may not be paid out of the proceeds of a covered loan. A lender shall only be responsible for paying fees to an agent for services for which such lender directly contracts with such agent.