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mfcorey1

(11,001 posts)
Thu May 7, 2020, 05:22 PM May 2020

More than 12,000 Catholic churches in the U.S. applied for PPP loans - and 9,000 got them

As suffering small businesses around the country clamor for much-needed loans from the federal Paycheck Protection Program, news of prominent national chains receiving millions of dollars sparked an outcry among owners of smaller businesses who have been shut out. Now, many will likely be surprised to learn that between 12,000 and 13,000 of the 17,000 Catholic churches in the U.S. also applied for those coveted PPP loans.


Pat Markey, the executive director of the Diocesan Fiscal Management Conference, an association of finance officers from Catholic dioceses, estimates that around 6,000 Catholic parishes had their applications for federal funding approved in the first round of PPP and around 3,000 have received loans so far in the second round.

While most people likely don't think of Catholic churches as small businesses, Markey says houses of worship and their affiliated schools are trying to keep employees on their payrolls as well.

https://www.cbsnews.com/news/catholic-churches-paycheck-protection-program-loans/

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Scurrilous

(38,687 posts)
4. ROFL
Thu May 7, 2020, 05:51 PM
May 2020

'And Catholic churches were not the only religious institutions seeking PPP funds.'

Yet only 'Catholic churches' appears in the headline.

NoMoreRepugs

(9,451 posts)
9. I for one am furious that any of my tax dollars are
Thu May 7, 2020, 06:18 PM
May 2020

supporting an institution that allowed pedophiles to run amuck for decades.

 

smirkymonkey

(63,221 posts)
12. Tax them!
Thu May 7, 2020, 06:46 PM
May 2020

Tax all religious institutions. The Catholic church has plenty of money and they are deeply corrupt. This is obscene!

crickets

(25,982 posts)
15. And did they pay taxes into that pool of relief money they are asking for a piece of?
Thu May 7, 2020, 07:45 PM
May 2020

It just seems to me that if a church considers itself enough of a small business to qualify for federal funding intended for said businesses, maybe that church should lose religious exemption and start paying taxes.

JT45242

(2,284 posts)
16. Our Protestant church got money
Thu May 7, 2020, 07:45 PM
May 2020

We are using it to pay the music director, children's youth pastor, secretary, and custodian who are all part time.

My wife, who is a musician, knows a lot of people who normally work as church musicians, choir director, etc. Most are not getting paid.

I am of two minds on this ...there are a lot of people who work for churches that PPP will keep from being unemployed. On the other hand, if they are tax exempt they should not benefit from taxes.

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