; (ii) continuing to make payroll payments in order to retain employees of the covered entity during an economic disruption with respect to COVID–19; (iii) making rent or mortgage payments with respect to obligations of the covered entity; or (iv) repaying non-Federal obligations that the covered entity cannot satisfy because of revenue losses that are attributable to the effects of COVID–19. (d) Amount of grant (1) In general A grant made under this section shall be in an amount that is not more than $300,000. (2) Single award No covered entity may receive, or directly benefit from, more than 1 grant made under this section. (e) Use of funds A covered entity that receives a grant under this section may use the grant funds to address the effects of COVID–19 on the covered entity, including by making payroll payments, making a transition to the provision of online services, and addressing issues raised by an inability to raise funds. (f) Procedures The Agency shall establish procedures to discourage and prevent waste, fraud, and abuse by applicants for, and recipients of, grants made under this section. (g) Penalties for fraud and misapplication of funds An applicant for, or recipient of, a grant made under this section shall be subject to all applicable provisions of Federal law, including section 1001 of title 18, United States Code. (h) Non-duplication The Agency shall ensure that covered entities do not receive grants under both this section and section 1108 of the Coronavirus Aid, Relief, and Economic Security Act . (i) Inspector General audit Not later than 180 days after the date on which the Agency begins making grants under this section, the Inspector General of the Department of Commerce shall— (1) conduct an audit of grants made under this section, which shall seek to identify any discrepancies or irregularities with respect to the grants