Posted on 05/11/2020 5:30:57 PM PDT by marshmallow
About 13,000 of the countrys 17,000 Catholic parishes applied for the governments small-business stimulus program, and about half have so far received the requested funds, according to the churchs group for diocesan fiscal managers.
The multitrillion-dollar Cares Act, which took effect in mid-April, covers employees salaries for private companies and nonprofit organizations through the Small Business Administration. The government money is distributed through banks and is like a loan except the loan is forgiven if the money is used to pay workers salaries.
In the first round of applications, about 10,000 parishes applied, Patrick Markey, executive director of the Diocesan Fiscal Management Conference, said Thursday. A bit more than 6,000 got their funding requests approved, while 3,000 did not, he said. In the second round which is still in process about 6,000 applied. Markey said that total includes roughly half repeat appliers and then 3,000 new ones.
Of the approximately 6,000 Catholic elementary and secondary schools in the country, 2,300 applied for paycheck protection, Markey said, and 1,400 of those got funding in the first round.
The U.S. Conference of Catholic Bishops says it is not tracking the federal money, and Markeys group doesnt have a detailed breakdown to show whether certain types of churches are applying or having more success with their applications.
(Excerpt) Read more at washingtonpost.com ...
The US Catholic Bishops have been accepting government checks for decades to resettle third-world immigrants and set them up with welfare checks and anything else they can get their hands on.
Whats the church gonna do when the Govt says any church that accepts Govt money has to accept homosexuals
Dave Ramsey actually brought this up when telling churches and businesses NOT to accept PPP.
Dave Ramsey: Why Churches Should NOT Take The PPP Loan From The Government!
https://www.youtube.com/watch?v=6NhKH91nvJg
You’re giving the government that hates you a lot of control over your business. And this is a deep administrative state that has lots of regulations it can apply selectively or reinterpret. The most egregious has been redefining “gender equality” to mean “accept transgender demands per gender IDENTITY”.
Deep state church.
Can’t do that with current SCOTUS and have sepation of Church and state. But they might demand money back with interest.
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