under section 7(a) of the Small Business Act ( 15 U.S.C. 636(a) ) shall not apply to a loan made under this section. (c) Safety and soundness An insured depository institution (as defined in section 3 of the Federal Deposit Insurance Act ( 12 U.S.C. 1813 )) or other specialized lender may only participate in the program established under this section if participation does not affect the safety and soundness of the institution or lender. (d) Additional regulations The Secretary of the Treasury, in consultation with the Administrator, shall issue regulations and guidance in order to direct additional lenders under this section and establish additional terms that set out compensation, underwriting standards, interest rates, maturity, and other relevant terms and conditions. (e) Program administration Under the infrastructure of the Department of the Treasury and with guidance from the Secretary of the Treasury, the Administration shall administer the program established under this section until the date on which the national emergency declared by the President under the National Emergencies Act ( 50 U.S.C. 1601 et seq.) with respect to the Coronavirus Disease 2019 (COVID–19) expires. B Relief for individuals, families, and businesses I Rebates and other individual provisions 2101. 2020 recovery rebates for individuals (a) In general Subchapter B of chapter 65 of subtitle F of the Internal Revenue Code of 1986 is amended by inserting after section 6427 the following new section: 6428. 2020 Recovery Rebates for individuals (a) In general In the case of an eligible individual, there shall be allowed as a credit against the tax imposed by subtitle A for the first taxable year beginning in 2020 an amount equal to the lesser of— (1) net income tax liability, or (2) $1,200 ($2,400 in the case of a joint return). (b) Special rules (1) In general In the case of a taxpayer described in paragraph (2)— (A) the amount determined under subsection (a) shall not be less than $600 ($1,200 in the case of a joint return), and (B) the