Sunday, October 10, 2021

#TAXTHECHURCH

Lakewood Church will repay the $4.4 million PPP loan  
FORGIVABLE GRANT it received in 2020

Rebecca Cohen
Fri, October 8, 2021

Joel Osteen speaks during SiriusXM Joel Osteen Radio Town Hall with Joel and Victoria Osteen at SiriusXM Studios on December 16, 2019 in New York City.
 Bonnie Biess / Stringer / Getty Images


Joel Osteen's Lakewood Church will repay the $4.4 million it received in PPP loans, the Houston Chronicle Reported.

Lakewood Church was one of 60 religious institutions in Texas to receive more than $1 million in loans from the CARES Act.

The church faced backlash when it initially received the loan by church-state separation groups.

Joel Osteen's Lakewood Church will repay the $4.4 million it received last year in a PPP loan, the Houston Chronicle reported.

After receiving millions of dollars from the CARES Act funds in December, the Houston-based church faced major backlash online, specifically from church-state separation groups, according to the Houston Chronicle. At the time, owner Osteen's name even trended on Twitter.

Ten months later, the church will repay the total amount of funds received.

Initially, the church defended the decision to apply for the loan, making the argument that none of the money was going to go to Osteen or his wife.

"Like many organizations temporarily shuttered by the pandemic, this loan provided Lakewood Church short-term financial assistance in 2020 ensuring that its approximately 350 employees and their families would continue to receive a paycheck and full health care benefits," the church said through a spokesperson.

Lakewood was not alone in this case, as at least 60 Texas religious institutions were approved for more than $1 million in PPP loans, according to the Houston Chronicle.


Still, church-state separation groups criticized religious groups who received this government payout. They argued that since the loans were forgivable, they were essentially grants from the government, which was, by their measure, subsidizing religious practices. This goes against the Constitution, they said.

"Religious freedom is a core promise of our Constitution, and that means that no one should be forced to pay for someone else's religious beliefs or practices," Rob Boston, senior adviser for the Washington, based Americans United for Separation of Church and State, said, according to the Houston Chronicle.

Joel Osteen took over Lakewood Church in 1999 following the death of his dad in 1999, Fox Business reported. His sermons to 52,000 weekly congregants are seen worldwide.

This story is developing. Please check back for updates.

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