Leading The Church Through COVID-19
OnDemand Webinar Replay
The CARES Act and the Impact It Can Have On Your Church.
Join us as SimplifyChurch.com founder Josh Henry shares information about the CARES Act and what it will mean for your church.
Find out more about the Payroll Protection Loan and how to apply for the funds for your church. We’ll also discuss how crucial it will be to take quick action before the funds run out.
How to Apply For The Payroll Protection Loan For Your Church
The actual process and supporting documents may vary by lender but here is a general overview of what they may request in order to verify the amount(s) requested.
This list is subject to change based on the requirements of your lender so please use this only for general guidance.
1. Know Your Numbers – find reports from your 2019 payroll totals and calculate your monthly average. Add in Health Insurance Premiums, Retirement Account Payments and Rent or Mortgage Interest Amounts if you’d like to request for those amounts.
2. Call Your Local Bank – the funds will be administered through local banks that are approved by the Small Business Administration (SBA). Your local bank if they are participating will have their own process for the loan.
3. Fill out the Payroll Protection Program Application – Here is the link to the Payroll Protection Program Loan Application. Start here to have to provide to your local bank along with supporting documents.
4. Begin to compile your supporting documents for loan amount request verification. Some documents may include:
- Payroll Reports for previous 12 month period
- Quarterly 941 Reports as filed
- 1099’s from previous year Independent Contractors Paid (if included in request)
- Invoice from Health Insurance Premium payments
- Invoice or voucher for Retirement Plan Payments
- Invoice from Rent Payments or Mortgage Statement(s)
Resources to Lead Your Church
5 Helpful Responses to COVID-19 (Coronavirus) For Your Church
In the last 48 hours, the feelings of many Americans about COVID-19 and the impact that it has on their personal lives has shifted dramatically.
How To Help Your Church Go Digital
With the health crisis brought about by COVID-19, pastors across the United States are facing some significant questions right now.
And perhaps the biggest question for many pastors:
How do I take my church online?
How To Help Your Church Go Digital – Part 2
Many states and localities have now issued “shelter in place” orders, so you and your staff and volunteers are probably trying to navigate working from home.
Are there best practices for church leaders seeking to work remotely?