Trump Admin: Churches Eligible 'Without Restrictions' for Loans under Rescue Package

News Staff : Apr 7, 2020
Christian Headlines

"Faith-based organizations have always provided critical social services for people in need, and SBA will make clear that these organizations may access this emergency capital." -Jovita Carranza, head of the Small Business Administration

[ChristianHeadlines.com] Religious leaders are applauding the Trump administration for adopting an interim rule allowing all churches and faith-based organizations impacted by the pandemic to receive loans under the new CARES Act. (Image: Flickr-Gage Skidmore)

Jovita Carranza, head of the Small Business Administration (SBA), on Saturday announced that houses of worship and faith-based organizations are eligible to participate in the new law's Paycheck Protection Program and the Economic Injury Disaster Loan program... Subscribe for free to Breaking Christian News here

Continue reading here.