; and (ii) shall not be required to submit an application to participate in the program. (G) Requirement to make loans to underserved markets Not less than 75 percent of loans made by a covered institution under the program shall consist of loans made to small business concerns in underserved markets. (H) Maximum loan amount (i) In general Except as provided in clause (ii), the maximum loan amount for a loan guaranteed under the program is $250,000. (ii) Exception “(I) In general The Administration may, in the discretion of the Administration, approve a guarantee of a loan under the program that is more than $250,000 and not more than $350,000. (II) Notification Not later than 2 days after receiving a request for an exception to the maximum loan amount established under clause (i), the Administration shall— (aa) review the request; and (bb) provide a decision regarding the request to the covered institution making the loan. (I) Training and technical assistance The Administration— (i) shall, in person and online, provide upfront and ongoing training and technical assistance for covered institutions making loans under the program in order to support prudent lending standards and improve the interface between the covered institutions and the Administration, which shall include— (I) guidance for following the regulations of the Administration, including best practices for maintaining healthy portfolios of loans; and (II) directions for covered institutions to do what is in the best interest of the borrowers, including by ensuring to the maximum extent possible that those borrowers are informed about loans with the most favorable terms for those borrowers; (ii) shall ensure that the training and technical assistance described in clause (i) is provided for free or at a low-cost; (iii) may enter into a contract to provide the training or technical assistance described in clause (i) with an organization with expertise in lending under this subsection, mission-oriented lending, and lending to underserved markets