Sec. 10. (a) Subject to this section, a grant may be awarded to an eligible entity under this chapter in an amount not to exceed ten thousand dollars ($10,000) for each month during the period described in section 9(a) of this chapter that the eligible entity demonstrates a monthly gross revenue loss of at least thirty percent (30%) when compared to the eligible entity's average monthly gross revenue for calendar year 2019.
(b) The maximum total grant amount that may be awarded to an eligible entity may not exceed fifty thousand dollars ($50,000).
As added by P.L.82-2021, SEC.1.
Structure Indiana Code
Title 5. State and Local Administration
Article 28. Indiana Economic Development Corporation
Chapter 42. Hoosier Hospitality Small Business Restart Grant Program
5-28-42-4. "Qualified Business"
5-28-42-6. Program Established; Purpose
5-28-42-7. Establishment of Fund; Purpose
5-28-42-8. Award of Grants; Preference
5-28-42-9. Application for Grants
5-28-42-10. Maximum Grant Amounts