General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsJoel Osteen's Lakewood Church got $4.4 million in federal PPP loans
Joel Osteens Lakewood Church is among the large local congregations that received multi-million dollar loans as part of the federal governments COVID-19 stimulus package.
Lakewood received a $4.4 million loan through the Paycheck Protection Program, a part of the federal CARES Act that provided loans to pay employee wages or for other basic operational costs such as utilities.
The program marked the first time federal lawmakers allowed for direct financial assistance to houses of worship.
Lakewood officials said earlier this year that they had not applied for a loan through the PPP, and the church was not included on the list of recipients released by the Small Business Administration early in the summer. The SBA later reopened the program, and its most recent data shows that Lakewoods loan was approved in mid-July.
https://www.houstonchronicle.com/news/houston-texas/religion/article/Joel-Osteen-s-Lakewood-Church-got-4-4M-in-15800887.php
bullimiami
(13,044 posts)we need to claw back every corrupt penny that was stolen from the ppp fund.
octoberlib
(14,971 posts)businesses at all
Pisces
(5,592 posts)Companies were able to fill out paperwork and file it quickly. Meanwhile business owners struggle to fill out the forms and didnt turn them in same day.
octoberlib
(14,971 posts)Trump admin was just awarding their supporters.
Pisces
(5,592 posts)Contractor etc. in order to make them look smaller. I agree that money should have gone to a much smaller pool and I also think they should have excluded religious groups.
Blue Owl
(49,934 posts)They should be removed from their jobs immediately