One of the resources available during the pandemic has been the Payroll Protection Program (PPP) loans through the U.S. Small Business Administration (SBA). Designed to help organizations keep their workforce employed during COVID-19, these loans have a unique feature: after a short loan term, some or all of the loan amount can be forgiven.
Many Lutheran Church Extension Fund (LCEF) borrowers and others within our church body received PPP loans and are at the point of applying for loan forgiveness.
To help you navigate through the forgiveness process, LCEF invited two SBA representatives from the St. Louis District Office to offer helpful advice and insights.
District Director Maureen E. Brinkley and Lead Lender Relations Specialist Tom Daiber joined LCEF’s Dennis Klussman and Dan Brown to answer the following questions:
For more information, please visit and bookmark the SBA Payment Protection Program page. This is an evolving initiative that is still changing. SBA updates the website to reflect the newest information and applications.
Click here to download the application
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