More than 12,000 Catholic Churches in the U.S. Applied for PPP Loans – And 9,000 got them

Document Type

News Article

Publication Date

5-8-2020

Capture Date

5-10-2020

URL

https://www.cbsnews.com/news/catholic-churches-paycheck-protection-program-12000-applied-9000-got/

Abstract

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 and Protestant organizations also applied for PPP loans. The article features Pat Markey from the Diocesan Fiscal Management Conference, who explains the Catholic Church’s point of view on receiving PPP loans. Additionally, the article features an interview with a representative from The Jewish Federations of North America.

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