Joel Osteen Fed at the PPP Trough to the Tune of $4.4 Million

0
524

Via Zero Hedge

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.

Read More at Zero Hedge




A CALL TO ACTION:

Bringing you conservative news and commentary means it is tough out there on social media. We’re constantly getting kneecapped and constrained by tech companies who find the truth intolerable, resulting in our reach being severely throttled.

For this reason, please consider supporting us directly. If you like what you are reading and desire to to see more, please support our work here.


Stay informed. Subscribe today.
Enter your email address below.

[yikes-mailchimp form="1"]



LEAVE A REPLY

Please enter your comment!
Please enter your name here