More Than 12 000 Catholic Churches In The U S Applied For Ppp

Now, many will likely be surprised to learn that between 12,000 and 13,000 of the 17,000 catholic churches in the u.s. also applied for those coveted ppp loans. pat markey, the executive director. Since the coronavirus pandemic, 9,000 of the over 12,000 catholic churches that applied received loans from the paycheck protection program (ppp). this article explores the controversy behind places of worship receiving ppp loans intended to aid businesses. catholic churches were not the only religious institutions that sought financial aid through ppp loans during the covid19 crisis. jewish.

The financial statements of 112 dioceses showed that they—along with the churches and schools they operate—collected at least $1.5 billion in ppp funds, even though, the ap reports, most of. An aerial view of the holy name of jesus cathedral in raleigh, n.c., wednesday, jan. 27, 2021. overall, the nearly 200 dioceses in the u.s. and other catholic institutions received at least $3. More than 12,000 of the nation's 17,000 catholic churches have applied for loans, says pat markey, director of the diocesan fiscal management conference markey said about 9,000 of those churches. According to an analysis by religion news service of data from the sba, 13,408 religious groups, mainly churches, were approved for loans of $150,000 or more. of those, 100 paid the loans back.

More than 12,000 of the nation's 17,000 catholic churches have applied for loans, says pat markey, director of the diocesan fiscal management conference markey said about 9,000 of those churches. According to an analysis by religion news service of data from the sba, 13,408 religious groups, mainly churches, were approved for loans of $150,000 or more. of those, 100 paid the loans back. An associated press investigation has found that scores of roman catholic dioceses in the u.s. had more than $10 billion in cash and other readily available funds when they received at least $1.5. The dfmc, a group of the church's financial administrators, said that 13,000 of the total 17,000 churches in the us applied for ppp loans. for example, catholic charities usa was awarded 110 loans.