; (B) HUBZones; and (C) any other area designated by the Small Business Administration for a disaster loan relating to social and civil unrest during 2020. (3) Grant amount The amount of a business recovery grant may not exceed the lesser of $1,000,000 or 100 percent of the amount required to repair, rehabilitate, or replace property, real or personal, including related labor cost offsets and related debt obligations incurred as a result of social or civil unrest during 2020, of the eligible entity that— (A) was damaged, destroyed, or stolen during the covered period as a result of the social and civil unrest during 2020; and (B) is not fully compensated for by— (i) insurance; (ii) private donation or loan; (iii) a loan or grant from a State, general local government, Indian Tribe, or an insular area; (iv) a disaster loan from the Small Business Administration; or (v) any other means. (4) Secondary business development uses Only to the extent provided in paragraph (1)(B), a business recovery grant may be used by a grantee or subgrantee, at the discretion of the grantee or subgrantee, for business development and economic support activities allowed under section 105(a)(17) of the Housing and Community Development Act of 1974 ( 42 U.S.C. 5305(a)(17) ), if such assistance is appropriate to carry out an economic development project (that shall minimize, to the extent practicable, displacement of existing businesses and jobs in neighborhoods) that— (A) creates or retains jobs for low- and moderate-income persons; (B) prevents or eliminates slums and blight; (C) meet urgent needs; (D) creates or retains businesses owned by community residents; (E) assists businesses that provide goods or services needed by, and affordable to, low- and moderate-income residents