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Wow! Report Shows the Paycheck Protection Program Saved over 665,000 Ministry Jobs

Mikaela Mathews : Jul 10, 2020  Christian Headlines

The program allowed companies with 500 employees or less to request up to two and half months of payroll costs. The average amount churches took were between $150,000 to $300,000 and kept around 60 jobs.

[ChristianHeadlines.com] A new report released last week showed that the Paycheck Protection Program (PPP) rescued over 665,000 jobs for churches and ministries across the country. (Image: Unsplash /via Christian Headlines)

The PPP was part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act passed in March in order to help struggling businesses make payroll as the country reels from the effects of COVID-19. According to Christianity Today, it also marked the first time the US government sought financial protection for clergy and ministry workers as part of a stimulus package... Subscribe for free to Breaking Christian News here

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