; (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. (3) Amount of grant (A) In general A grant made under this subsection shall be in an amount that is not more than $500,000. (B) Single award No covered entity may receive, or directly benefit from, more than 1 grant made under this subsection. (4) Use of funds A covered entity that receives a grant under this subsection 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. (5) Procedures The Administration shall establish procedures to discourage and prevent waste, fraud, and abuse by applicants for, and recipients of, grants made under this subsection. (6) Non-duplication The Administration shall ensure that covered entities do not receive grants under both this subsection and section 1108 of the CARES Act. (7) GAO audit Not later than 180 days after the date on which the Administration begins making grants under this subsection, the Comptroller General of the United States shall— (A) conduct an audit of grants made under this subsection, which shall seek to identify any discrepancies or irregularities with respect to the grants; and (B) submit to Congress a report regarding the audit conducted under subparagraph (A). (8) Updates to Congress Not later than 30 days after the date of enactment of this Act, and once every 30 days thereafter until the date described in paragraph (11), the Administrator shall submit to Congress a report that contains— (A) the number of grants made under this subsection during the period covered by the report