Collection Plate– Many US Churches Receive Small Business Loans as Part of Coronavirus Emergency Funding
Source UNITED STATES, May 9, 2020 (The Sun): Between 12,000 and 13,000 of the 17,000 US Catholic churches applied for PPP (federal Paycheck Protection Program) loans. Pat Markey, the executive director of the Diocesan Fiscal Management Conference, an association of finance officers from Catholic dioceses, estimates that around 6,000 Catholic parishes had their applications for federal funding approved in the…
