Joel Osteen’s Houston megachurch defends getting $4.4 million in federal PPP loans
Lakewood Church spokesperson said loans don’t personally benefit Pastor Osteen
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HOUSTON – Joel Osteen, the pastor at Lakewood Church in Houston, has come under fire in recent days after Houston Chronicle reported that the megachurch received $4.4 million in PPP loans from the Small Business Administration (SBA).
Federal Paycheck Protection Program Loan data provided by the Small Business Administration (SBA) indicates that the loan given to Lakewood Church is the third-largest for any Houston-area business or nonprofit.
The data shows that Lakewood Church applied for the loan on July 21 and that 368 jobs would be affected by the loan.
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IRVINE, Calif., Dec. 17, 2020 /PRNewswire/
CalAmp (Nasdaq: CAMP), a global technology solutions pioneer transforming the mobile connected economy, today reported financial results for its third quarter ended November 30, 2020. Our results reflect another quarter of revenue growth from continued strong demand for our global SaaS solutions, commented Jeff Gardner, CalAmp s president and chief executive officer. As we navigate the challenges related to the global pandemic, there are a number of growth trends driving opportunities across our business including the 3G-to-4G transition underway in the U.S. as well as the increasing need for fleet management solutions, especially for municipalities and school districts wher