PPP Loan Experiences

The UUA Office of Church Staff Finances wants to learn about your congregation's experience of applying (or not applying) for a Paycheck Protection Program loan under the CARES Act.

If you DID NOT apply, you can stop after question 3.

If you DID apply, please complete this survey AFTER you have found out whether or not you were approved.

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* 1. Name of Congregation (with city and state)

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* 2. Your name, role, and email (in case we want to follow up)

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* 3. If your congregation didn't apply, what is the main reason? (And provide additional explanation, if desired.)

Our congregation's finances are not at risk.

The application process was too complicated.

It would have required congregational approval, which was too complicated.

Philosophical reasons (e.g., separation of church and state)

Other or additional explanation

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* 4. On what day (roughly) did you submit your application for the PPP loan?

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* 5. What is the loan amount you applied for?

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* 6. What is the name of the lending institution you applied through?

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* 7. If your loan was approved, how long did it take to find out? If you've received your payment, how much longer did that take?

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* 8. If your loan was approved, how much of the loan amount do you anticipate will be forgiven (i.e., converted to a grant)?

Our intent is for all of it to become a grant.

We expect most will become a grant.

We expect half or less to become a grant.

We don't expect any of it to become a grant.

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* 9. If approved, was your loan approved for the full amount you applied for? Please explain any difference.

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* 10. If you applied and your loan was NOT approved, tell us why (if you know).

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* 11. If you applied and your loan was NOT approved, will you be trying again through this lender or another? Please share relevant comments.

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* 12. Whether you were approved or not, please share any other information we may find useful. Sources of confusion, things you wish you'd known, whether your lender accepted the housing allowance, etc.