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CHURCH LOAN APPLICATION FORM FORM IFLCRM005

CHURCH LOAN APPLICATION FORM FORM IFLCRM005

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hi I'm Jeff the ten minute treasure with practical advice for improving your church's financial future this video I'm talking about the easy PPP forgiveness for churches so apparently the SBA the Small Business Administration noticed that their their forgiveness form was a little complicated and I have an earlier video on that and I can link to that but for most of us in the church world our our finances are pretty simple straightforward and I'm so I'm glad they put out an easy application and also there was a new act of Congress that changed some of the rules so I'll also briefly talk about those but this is to help you fill out that application so not every organization qualifies to go the easy route but most of our churches should and there's actually three tests but the one that the churches will mostly fall under is this one that the church did not reduce annual salary or hourly wages of any employee by more than 25 percent my assumption is that the hourly wages refers to the hour

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