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FREQUENTLY ASKED QUESTIONS REGARDING …

Faith-Based Organizations FAQ. FREQUENTLY ASKED QUESTIONS . REGARDING PARTICIPATION OF FAITH-BASED ORGANIZATIONS. IN THE PAYCHECK PROTECTION PROGRAM (PPP). AND THE ECONOMIC INJURY DISASTER LOAN PROGRAM (EIDL). 1. Are faith-based organizations, including houses of worship, eligible to receive SBA loans under the PPP and EIDL programs? Yes, and we additionally clarify that faith-based organizations are eligible to receive SBA loans regardless of whether they provide secular social services. That is, no otherwise eligible organization will be disqualified from receiving a loan because of the religious nature, religious identity, or religious speech of the organization . The requirements in certain SBA regulations . 13 (k) and (g) impermissibly exclude some religious entities.

organization will be disqualified from receiving a loan because of the religious nature, religious identity, or religious speech of the organization. ... For nonprofit organizations whose primary industry is listed with a monetary cap on annual receipts, the …

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