Churches eligible for federal payroll protection funding through SBA
WASHINGTON (BP) -- The U.S. Small Business Administration (SBA) has issued an FAQ document for faith-based organizations reiterating that they are eligible to receive SBA loans through the Payroll Protection Program (PPP). The document says "no otherwise eligible organization will be disqualified from receiving a loan because of the religious nature, religious identity, or religious speech of the organization."
Additionally, the Ethics and Religious Liberty Commission of the Southern Baptist Convention (ERLC) has an explanatory article. Click here to view the ERLC article.