; and (B) in subparagraph (D), by striking $1,000,000 and inserting $500,000 . 10. Maximum loan amount and program levels for 7 (a) loans (a) Purpose The purpose of this section is to temporarily increase the maximum loan size in order to expand the reach of this long-term capital. (b) Maximum loan amount During the period beginning on the date of enactment of this Act and ending on September 30, 2021, with respect to any loan guaranteed under section 7(a) of the Small Business Act ( 15 U.S.C. 636(a) ) for which an application is approved or pending approval on or after the date of enactment of this Act, the maximum loan amount shall be $10,000,000. (c) Program levels During each of fiscal years 2020 and 2021, commitments for general business loans authorized under section 7(a) of the Small Business Act ( 15 U.S.C. 636(a) ) shall not exceed $80,000,000,000. 11. Maximum loan amount for 504 loans (a) Purpose The purpose of this section is to make refinancing of fixed assets more flexible for small business concerns seeking immediate financing and relief from the COVID–19 crisis. (b) Temporary increase During the period beginning on the date of enactment of this Act and ending on September 30, 2021, with respect to each project or loan guaranteed by the Administrator pursuant to title V of the Small Business Investment Act of 1958 ( 15 U.S.C. 695 et seq.) for which an application is approved or pending approval on or after the date of enactment of this Act, the maximum loan amount shall be $10,000,000. (c) Permanent increase for small manufacturers Effective on October 1, 2021, section 502(2)(A)(iii) of the Small Business Investment Act of 1958 ( 15 U.S.C. 696(2)(A)(iii) ) is amended by striking $5,500,000 and inserting $10,000,000 . 12. Leveraging 504 loans for refinancing and community development lending (a) Purpose The purpose of this section is to make refinancing loans under title V of the Small Business Investment Act of 1958 ( 15 U.S.C. 695 et seq.) more flexible so that lenders can more effectively and