More Than 12 000 Catholic Churches In The Us Applied For Ppp
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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.
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Between 12,000 and 13,000 of the nation's 17,000 catholic churches more than 70 percent have applied for loans, according to pat markey, executive director of the diocesan fiscal management. 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. The majority of the 17,000 catholic churches in the united states — between 12,000 and 13,000 parishes — applied for the ppp loans that were created as part of covid 19 stimulus efforts. Multiple megachurches with more than 10,000 members were approved for the highest bracket of payouts, including jeffress' first baptist church of dallas, which hosted vice president mike pence for.
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