Sec. 12. A loan or loan guarantee under this chapter may not exceed the lesser of: (1) fifty percent (50%) of the total eligible project costs; or (2) five hundred thousand dollars ($500,000). As added by P.L.4-2005, SEC.34.
Loan or loan guarantee amount limits
Ind. Code § 5-28-21-12, under Chapter 21. Small Business Incubator Program.
Ind. Code § 5-28-21-12