20% of church entities that applied received SBA loans to keep staff

Catholic News Service via Angelus

April 24, 2020

By Dennis Sadowski

The federal small-business loan program created in response to the coronavirus pandemic has allowed the Diocese of Nashville, Tennessee, to keep all of its part-time employees on board.

For that, school superintendent Rebecca Hammel is grateful.

She told Catholic News Service that 10 schools received loans under the Small Business Administration-administered Paycheck Protection Program.

Loan amounts ranged from $89,900 to $1.95 million and allows the school to continue paying part-time workers even though they are not reporting to work, Hammel said. The remaining six diocesan schools are in line to receive loans once new legislation replenishing the program takes effect, she added.

“It’s just been a blessing to our schools,” Hammel said of the program.

The House of Representatives April 23 passed legislation already approved by the Senate that would allocate an additional $310 billion into the Paycheck Protection Program. President Donald Trump has said he would sign the legislation.

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