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.

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Terms Used In Indiana Code 5-28-42-10

  • eligible entity: means a qualified business that meets the following requirements:

    Indiana Code 5-28-42-1

  • Month: means a calendar month, unless otherwise expressed. See Indiana Code 1-1-4-5
  • Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5
     (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.