The good news for houses of worship and nonprofit organizations came in a new guidance from the U.S. Small Business Administration (SBA) regarding the Paycheck Protection Program (PPP), which is designed to help employee retention by small businesses, a category that includes churches. Congress designated $349 billion for the PPP in a $2 trillion relief package approved in late March in response to the economic fallout from the pandemic and followed with another $310 billion in late April when the earlier funds were depleted.
The U.S. Department of Labor reported Thursday (May 14) that more than 36 million Americans have filed for unemployment in the last two months....