; and (ii) not more than 90 days after a payment default. (4) Effect Nothing in this section limits the authority of the Secretary to make payments pursuant to paragraph (2) with respect to a covered loan solely because the covered loan has been sold in the secondary market. (c) Subsidy for other loan payments (1) Definition of covered loan In this subsection, the term covered loan means a rural development loan made or guaranteed by the Secretary, other than a loan described in subparagraph (A), (B), or (C) of subsection (b)(1). (2) Principal and interest payments The Secretary shall pay the principal, interest, and fees, for a borrower of a covered loan the application of which is approved under paragraph (4)(B)— (A) with respect to a covered loan made before the date of enactment of this Act and not otherwise on deferment, for the 6-month period beginning with the next payment due on the covered loan; (B) with respect to a covered loan made before the date of enactment of this Act and otherwise on deferment, for the 6-month period beginning with the next payment due on the covered loan after the deferment period