FAQ Regarding Participation of Faith-Based Organizations in PPP and EIDL
Answers from the Small Business Administration
On Friday, April 3, 2020, the Small Business Administration (SBA) released an FAQ regarding the participation of faith-based loans in both its Paycheck Protection Program (PPP) and Economic Injury Disaster Loan Program (EIDL). The FAQ confirms that faith-based organizations, including churches, are eligible to participate in the programs without sacrificing their religious freedom rights.
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