Faith is a pillar of hope, and for many Americans it has been a powerful reason for their continued success during these challenging times. The Administration, along with SBA Administrator Jovita Carranza and other SBA leaders, recognized the need to support faith-based organizations and have clarified their ability to participate in the Paycheck Protection and Economic Injury Disaster Loan Programs.
Faith-based organizations may apply regardless of their religious identity or activities, and will be considered to the extent they are eligible as outlined in the CARES Act as passed by Congress, signed into law by President Trump, and implemented by the Paycheck Protection Act Interim Final Rule.
“During this global pandemic the SBA stands behind every business, non-profit and faith-based organization,” said SBA Regional Administrator Ashley D. Bell. “We recognize the importance of keeping staff employed and keeping businesses and organizations operational as we push through these difficult times."