Loan or loan guarantee amount limits

Ind. Code § 5-28-21-12
in effect
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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.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/5Fetched: 10/17/2026

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