; or (II) $10,000,000. (iii) With employees With respect to a covered recipient with employees, the maximum covered loan amount shall be calculated using the formula described in subparagraph (E), except that the gross income of the covered recipient described in clause (ii)(I)(aa)(AA) of this subparagraph, as divided by 12, shall be added to the sum calculated under subparagraph (E)(i)(I). (iv) Recalculation A lender that made a covered loan to a covered recipient before the date of enactment of this subparagraph may, at the request of the covered recipient— (I) recalculate the maximum loan amount applicable to that covered loan based on the formula described in clause (ii) or (iii), as applicable, if doing so would result in a larger covered loan amount; and (II) provide the covered recipient with additional covered loan amounts based on that recalculation. .