; and (bb) the product obtained by multiplying— (AA) the number of part-time employees of the borrower on the date on which the borrower applies for a loan under this subparagraph, by (BB) the quotient obtained by dividing the average number of hours each part time employee of the borrower works each week by 40. (vi) Total amount of loans The Administrator may provide not more than a total of $7,500,000,000 of financing under this subparagraph for each fiscal year. . (d) Refinancing Senior Project Debt During the 1-year period beginning on the date of the enactment of this Act, a development company described under title V of the Small Business Investment Act of 1958 ( 15 U.S.C. 695 et seq.) is authorized to allow the refinancing of a senior loan on an existing project in an amount that, when combined with the outstanding balance on the development company loan, is not more than 90 percent of the total value of the senior loan. Proceeds of such refinancing can be used to support business operating expenses of such development company. 90014. Recovery assistance under the microloan program (a) Loans to intermediaries (1) In general Section 7(m) of the Small Business Act ( 15 U.S.C. 636(m) ) is amended— (A) in paragraph (3)(C)— (i) by striking and $6,000,000 and inserting $10,000,000, in the aggregate, ; and (ii) by inserting before the period at the end the following: , and $4,500,000 in any of those remaining years ; (B) in paragraph (4)— (i) in subparagraph (A), by striking subparagraph (C) each place that term appears and inserting subparagraphs (C) and (G)