Churches and faith-based organizations are critical parts of our society, which is why they were deliberately included in the COVID-19 relief bill, known as The CARES Act. Through the Small Business Association, faith-based organizations are eligible to participate in the Paycheck Protection Program and the Economic Injury Disaster Loan program to ensure pastors and staff are able to continue their important work during this outbreak.
Eligibility is determined regardless of an entity’s religious identity or activities, and can support the following:
The Paycheck Protection Program
The Economic Injury Disaster Loan
Faith-based organizations can find additional details, as well as apply, at sba.gov/coronavirus. I strongly encourage our small businesses take advantage of this opportunity. The grants will be retroactive to February 15, 2020, with the goal of bringing workers who have already been laid off back onto payrolls. Other provisions in the CARES Act provide assistance for those who are not able to return.
Stand with Senator John Cornyn!