Joel Osteen’s Lakewood Church received $4.4M COVID-19 PPP loan
Posted on AllSides December 15th, 2020
From The Right
Multimillionaire televangelist Joel Osteen’s Lakewood Church in Texas netted $4.4 million in bailouts through the federal COVID-19 relief program, records show.
The Houston megachurch, the largest in the nation with 52,000 weekly congregants, received the forgivable Paycheck Protection Program loan in late July, the Houston Business Journal reported Sunday.
The loan was the third-highest in the Houston area during all of July and August, the outlet noted, citing federal data.