Joel Osteen’s Church Received $4.4 Million In PPP Stimulus Payments

Joel Osteen’s Lakewood Church received a $4.4 million loan through the Paycheck Protection Program, as part of the federal CARES Act that was intended to be a stimulus to keep businesses and employees afloat while the pandemic kept everyone at home.

Churches were also eligible for the money, and some of the most prestigious churches in the country took advantage of the opportunity.

Joel Osteen’s Lakewood Church was not on the initial list of recipients and claimed that they did not apply to receive any money. However, the church later applied and was granted $4.4 million, according to the Houston Chronicle.

Osteen himself is estimated to have a net worth of over $50 million, with his church taking in $43 million a year in collections.

Keep reading

Author: HP McLovincraft

Seeker of rabbit holes. Pessimist. Libertine. Contrarian. Your huckleberry. Possibly true tales of sanity-blasting horror also known as abject reality. Prepare yourself.

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s