Banks will be limited as to how much money it can lend under the US government's emergency loan program.
The Small Business Administration will impose a maximum dollar amount for individual lenders.
An internal government memo says banks will be allowed 10% of Paycheck Protection Program funding authority and must pace the applications filed.
US banks are readying for another frantic race to grab $310 billion in fresh small-business aid due to be released by the government on Monday.
According to Reuters, the program’s first $349 billion of funds ran dry in less than two weeks.
Lenders expect the second tranche of cash to be snapped up even faster by tens of thousands of applications.