; and (2) by amending clause (iii) to read as follows: (iii) Timing A reimbursement described in clause (i) shall be made not later than 5 days after the reported disbursement of the covered loan and may not be required to be repaid by a lender unless the lender is found guilty of an act of fraud in connection with the covered loan. . 216. Duplication requirements for economic injury disaster loan recipients Section 7(a)(36)(Q) of the Small Business Act ( 15 U.S.C. 636(a)(36)(Q) ) is amended by striking during the period beginning on January 31, 2020, and ending on the date on which covered loans are made available . 217. Reapplication for and modification to paycheck protection program Not later than 7 days after the date of the enactment of this Act, the Administrator shall issue rules or guidance to ensure that an eligible recipient of a covered loan made under section 7(a)(36) of the Small Business Act ( 15 U.S.C. 636(a)(36) ) that returns amounts disbursed under such covered loan or does not accept the full amount of such covered loan for which such eligible recipient was approved— (1) in the case of an eligible recipient that returned all or part of a covered loan, such eligible recipient may reapply for a covered loan for an amount equal to the difference between the amount retained and the maximum amount applicable