Sec. 9. (a) Subject to section 10 of this chapter, an eligible entity may apply for a grant under the program for reimbursement of up to: (1) eighty percent (80%) of non-payroll business expenses; and (2) one hundred percent (100%) of payroll expenses; incurred between March 1, 2020, and April 1, 2021. An eligible entity shall apply for a grant in the manner prescribed by the corporation. (b) An eligible entity may apply for a grant only for reimbursement of business expenses incurred in Indiana or related to the eligible entity's Indiana operations. As added by P.L.82-2021, SEC.1.
IC 5-28-42-10 Maximum grant amounts 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.