; and (iii) a set aside equal the greater of $10,000,000,000 or 5 percent of each amount appropriated pursuant to this to carry out this paragraph for loans made by minority depository institutions (as defined in section 308 of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 ( 12 U.S.C. 1463 note)) and community development financial institutions (as defined in section 103 of the Riegle Community Development and Regulatory Improvement Act of 1994 ( 12 U.S.C. 4702 )). . (2) Notification The Administrator of the Small Business Administration shall notify the Law Revision Counsel of the House of Representatives of the date on which the amounts described under paragraph (1) are expended so that the Law Revision Counsel may execute the amendments made by paragraph (1). (b) Processing Section 7(a)(36) of the Small Business Act ( 15 U.S.C. 636(a)(36) ) is amended by adding at the end the following new subparagraph: (T) Application processing (i) In general The Administrator and the Secretary of the Treasury shall, at least twice weekly, provide separate 8-hour period during which the Administrator and the Secretary shall process the following applications under this paragraph: (I) Applications compiled by lenders with consolidated assets of less than $1,000,000,000 that are authorized to make loans under this paragraph. (II) Applications compiled by lenders from eligible recipients that have 20 or fewer employees for a principal amount of a covered loan of less than $200,000. (ii) Requirements The Administrator and the Secretary shall, at least 72 hours in advance, provide notice of when an 8-hour period described in clause (i) will begin. Such 8-hour period may not be between 12 a.m. and 8 a.m. . (c) Reports (1) In general During the period beginning on the date of the enactment of an Act appropriating amounts under the heading Small Business Administration—Business Loans Program Account, CARES Act that is on or after the date of the enactment of this Act, and ending on the date on which such