“Another recipient of $2 million or more was Shadow Mountain Community Church where David Jeremiah pastors. Jeremiah lost his membership in the Evangelical Council for Financial Accountability in 2010 for questionable financial dealings. … The Potter’s House, where popular prosperity preacher, T.D. Jakes, pastors, also received at least $2 million in PPP funds. Jakes lives in a multi-million-dollar mansion and has a net worth estimated at $18 million.”
(The Roys Report) Willow Creek Community Church and Harvest Bible Chapel—two churches rocked by recent scandals—have received millions in COVID relief funds.
According to a list released by the Small Business Administration (SBA), Willow Creek received between $5-$10 million as part of the Paycheck Protection Program (PPP). Harvest Bible Chapel received at least $2.5 million from PPP.
The purpose of the paycheck protection program is to preserve jobs. And the SBA will forgive loans if certain criteria are met, like employees remaining on the payroll for eight weeks.
According to Willow Creek Executive Pastor Tim Stevens, the exact amount Willow Creek received in PPP money is less than $6 million. He added that the church has met the requirements of loan forgiveness by not reducing staff through June 30. (The church received the loan in April.)
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