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Small Business Administration releases information for Faith Based Organizations (EIDL & PPP)

Some of the Topics include:


  • Are faith-based organizations, including houses of worship, eligible to receive SBA loans under the PPP and EIDL programs?


  • What legal requirements will be imposed on my organization as a result of our receipt of this Federal financial assistance? Will those requirements cease to apply when the loan is either repaid in full or forgiven?

Follow the link below for all information regarding the SBA's explanations.

https://www.sba.gov/sites/default/files/2020-04/SBA%20Faith-Based%20FAQ%20Final.pdf?fbclid=IwAR0wHXBEeuDNvAQOQfqlfvH2guYJI8yPlLHitaNActC3KGZN-LHzgxrY_4U