; and (ii) for completion of the fifth and final year of such service, the remainder of such principal and interest. (B) Maximum amount The total amount of payments under this section to any individual shall not exceed $200,000. (3) Breach (A) Liquidated damages formula The Secretary may establish a liquidated damages formula to be used in the event of a breach of an agreement entered into under this section. (B) Limitation The failure by an individual to complete the full period of service obligated pursuant to such an agreement, taken alone, shall not constitute a breach of such agreement, so long as the individual completed in good faith the years of service for which payments were made to the individual under this section. (4) Applicability of loan repayment program provisions Except as otherwise provided in this section, all provisions in subparts II and III of title III of the Public Health Service Act ( 42 U.S.C. 241 et seq. ) pertaining to the administration of, and other requirements with respect to, the Loan Repayment Program described in section 338B of such Act ( 42 U.S.C. 254l–1 ) shall apply to the demonstration program under this section. (c) Designations The demonstration program under this section, and any providers who are selected to participate in such program, shall not be considered by the Secretary in the designation of health professional shortage areas under section 332 of the Public Health Service Act ( 42 U.S.C. 254e ) during fiscal years 2024 through 2028. (d) Report Not later than 5 years after the date of enactment of this Act, the Secretary shall submit to the Committee on Health, Education, Labor, and Pensions of the Senate and the Committee on Energy and Commerce of the House of Representatives a report that evaluates the demonstration program established under this section, including the effects of such program on health care access in rural areas. (e) Health professional shortage area In this section, the term health professional shortage area has the meaning given such term in