- Posts by John H. Small
Partner
Posted in Financial Relief
The Coronavirus Aid, Relief, and Economic Security Act (CARES) enacted on March 27, 2020 contained several provisions related to the provision of loans by the Small Business Administration (SBA), including loans under the Paycheck Protection Program (PPP) and Economic Injury Disaster Loan Program (EIDL). Unlike traditional SBA loans, which are not available to non-profit entities, faith-based organizations will generally be eligible for loans under these programs.
Requirements
The SBA has issued guidance that any faith-based organization is eligible to receive the PPP and ... Read More
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