; and (B) require lenders under such section 7(a) to provide complete payment deferment relief for impacted borrowers with loans guaranteed under such section 7(a) for a period of not more than 1 year. (3) Secondary market During the covered period, with respect to a loan made under 7(a) of the Small Business Act ( 15 U.S.C. 636(a) ) that is sold on the secondary market, if an investor declines to approve a deferral requested by a lender under paragraph (2), the Administrator shall exercise the authority to purchase the loan so that the impacted borrower may receive a deferral for a period of not more than 1 year. (4) Guidance Not later than 30 days after the date of enactment of this Act, the Administrator shall provide guidance to lenders under section 7(a) of the Small Business Act ( 15 U.S.C. 636(a) ) on the deferment process described in this subsection. (h) Commitments for 7(a) loans During the covered period— (1) there shall be no limitation on the commitments for general business loans authorized under section 7(a) of the Small Business Act ( 15 U.S.C. 636(a) ); and (2) the amount authorized for commitments for such loans under the heading business loans program account under the heading Small business administration under title V of the Consolidated Appropriations Act, 2020 ( Public Law 116–93 ; 133 Stat. 2475) shall not apply. (i) Express loans (1) In general Section 7(a)(31)(D) of the Small Business Act ( 15 U.S.C. 636(a)(31)(D) ) is amended by striking $350,000 and inserting $1,000,000 . (2) Prospective repeal Effective on January 1, 2021, section 7(a)(31)(D) of the Small Business Act ( 15 U.S.C. 636(a)(31)(D) ) is amended by striking $1,000,000 and inserting $350,000 . 1103. Entrepreneurial development (a) Definitions In this section— (1) the term covered small business concern means a small business concern that is located in an area that is substantially affected by the COVID–19; (2) the term resource partner means— (A) a small business development center; and (B) a women's business center