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    The Upper New York Conference of The United Methodist Church


    news article

    Paycheck Protection Program Extended

    July 1, 2020 / By UNY Communications / .(JavaScript must be enabled to view this email address)

    On June 30, 2020, the U.S. Senate passed an extension for the Paycheck Protection Program (PPP) application process to Aug. 8, 2020. This extension will allow any local church that has not yet applied for a Paycheck Protection Program (PPP) loan to do so over the next five weeks. There is still more than $130 billion dollars in available funds remaining in the PPP. Any local church would qualify for a PPP loan as long as they have paid staff that are issued a W-2 at the end of the year. A church can request up to 2.5 times their average monthly salary in a PPP. A church would then have up to 24 weeks to spend the funds on qualifying expenses that would then get forgiven and converted to a grant after completing the appropriate forgiveness forms with your financial institution that issued the PPP loan.

    The PPP is a blessing to local churches to help bridge the financial hardship caused from COVID-19. If your local church has seen a decrease in your monthly giving, do not have a large reserve to draw from and are struggling to meet your monthly obligations then, a PPP could help.

    Click here for additional information on the PPP program. If you need further assistance on applying for the PPP, please contact Bob Flask, the Conference Treasurer  at bobflask@unyumc.org.

    TAGGED / Episcopal Office / Finance / New Faith Communities / Vital Congregations


    With more than 144,000 members, the Upper New York Annual (Regional) Conference of The United Methodist Church comprises 865 local churches and 91 new faith communities in 12 districts, covering 48,000 square miles in 49 of the 62 counties in New York state. Our mission is to “live the Gospel of Jesus Christ and to be God’s love with our neighbors in all places."