Financial Affairs

Joyce Meyer Ministries was among tens of thousands of faith-based organizations that received pandemic aid from the Trump administration | Subway

Monday data released by the US Treasury Department and Small Business Administration (SBA) named borrowers who have been approved for loans of $ 150,000 or more under the $ 660 billion paycheck protection program. of dollars.

Data showed that religious organizations accounted for more than one million of the 51.1 million jobs protected by the high-level program. The list of named religious organizations was heavily biased in favor of Christian denominations, according to a Reuters analysis.

Other church groups receiving forgivable loans include City of Destiny, the Florida church that Trump’s personal pastor and White House religious adviser Paula White-Cain calls home, and the Prestonwood Christian Academy in Plano, in Texas, where Senior Pastor Jack Graham is a longtime Trump supporter who wrote an op-ed praising the president’s anti-abortion credentials in January.

Graham, whose mega-church claims more than 42,000 members, is unrelated to Trump’s evangelical adviser Franklin Graham, son of the late Reverend Billy Graham.

Other beneficiaries of the program linked to veteran Trump evangelical allies include The Faith & Freedom Coalition, founded by Conservative strategist Ralph Reed, which secured a loan of between $ 150,000 and $ 350,000.

King Jesus International Ministry, the Miami mega-church where Trump launched his evangelistic outreach campaign ahead of the November election, received a loan of $ 2-5 million according to data. The pastor of that church, Guillermo Maldonado, was also part of a group of religious leaders who met and prayed with Trump in the White House last fall.