Wait to Apply for a Church Loan to Grant
March 27, 2020, 5:45 p.m.
Church United is working with California State Senator Shannon Grove, California House of Represenative Kevin McCarthy, and the federal government's Small Business Administration (SBA) offices — and they have conflicting information from multiple government offices regarding what proper form(s) churches should complete if applying for a loan to grant.
As you know, the CARES Act became law just hours ago. California State Senator Shannon Grove's office has asked that pastors wait to apply until they can provide direction on the appropriate loan to grant application.
The SBA is working on simplifying the online application process for everyone, and they should provide clarity in regards to this process by Monday or Tuesday.
Church United will update you as soon as the information is available.