Information and Resources

PPP Deadline for Applications Extended to August 8

July 2, 2020

The US Senate voted unanimously Tuesday to extend the deadline for applying for Paycheck Protect Program (PPP) Loans to August 8. Approximately $130 billion remains unspent under the program.

If your congregation has not yet applied for a PPP loan and is eligible, consider doing so now. Please see the right sidebar for more information on the program.

To Apply for a Second Draw PPP Loan

Your congregation will be required to certify its need for the funds and must have:
  • Received, and have expended or expect to expend, an original PPP loan
  • Experienced a 25% reduction in gross receipts in any quarter in 2020 compared to the same quarter in 2019
  • 300 or fewer employees.

Determining Your Eligibility

To determine if you qualify, please click here to download a worksheet generously made available by diocesan auditors, PKF O’Connor Davies, LLP. Please note that this worksheet is offered “as is” and users use it at their own risk: in particular, please note the disclaimers on the Instructions tab, and review the outcome of your entries to make sure they make sense.

PKF O’Connor Davies COVID-19 Resource Center
Current information from an accounting firm.

SBA Portal with Links to All Documents and Forms

SBA FAQ for Faith-Based Organizations

Finding a Lender

The SBA has set up a web page to match borrowers with lenders.
Please click here to see it.

Application Forms

Informational Documents

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