Joel Osteen’s Lakeland Church Received $4.4 Million in Federal PPP Loans

Joel Osteen’s Texas based megachurch received a huge chuck of stimulus money after taking advantage of the CARES Act’s Paycheck Protection Program, receiving nearly $4,400,000 to help offset their several months of virtual services.

The program, which the federal government passed in response to the pandemic early this year in a big way, is a forgivable loan that companies don’t have to pay back so long as it is spent on wages and other related expenses.

When reached out for comment as why they would even apply for it, a church spokesman said that given the church shut down in-person services for over 7 months, that closure negatively impacted their ability to garner tithes, offerings, and other “substantial donations.” Lakewood spokesperson Don Illof explains:

“Believing the shutdown would only last a few weeks, Lakewood did not initially apply for PPP assistance during the first half of the program. However, as the shutdown persisted month after month, given the economic uncertainty, Lakewood finally applied for the PPP loan and has been able to provide full salaries and benefits including health insurance coverage to all of its employees and their families.”

The church, which has an annual budget of over $90 million dollars, received the money to retain 370 jobs.

The revelation of receiving such a largess has many small business owners crying foul, as thousands of Texas business owners were denied claims, while Osteen got one of the largest in the State. In particular, critics are making the following arguments, which appear sound in our estimation:

  1. The entire time the church was shut down for in-person services they were still holding online services and were fundraising and receiving money.
  2. The decision to shut down their church for in-person services for 7 months was a decision that the church made, and was not mandated in any way. They would have opened up way sooner, but chose not to.
  3. Osteen is a multi-millionaire with a net worth of between $60-100M dollars. He lives in a 17,000 square foot mansion that is worth over $11.5M. Were he so concerned, he could have easily paid for it out of pocket, rather than causing others to lose out.

We reached out to Lakewood for further comment and will update this post accordingly.



A CALL TO ACTION

Enjoy our content? GREAT! Unfortunately, ad revenue for truth-telling websites has been severely hampered by consorship and de-platforming. This ministry isn't free to run, and finding people willing to support polemical theology is like trying to find a needle in a haystack.

So we have some great ways for you to EASILY support our work that will take less than 3 minutes of your time to do.
First, check our our page explaining this all at detail at https://supportpolemics.com

But in short, you can support us on Patreon and get exclusive rewards like the FULL non-truncated episodes of the bi-weely Polemics Report podcast ONLY available on your Patreon app. It's super easy to use. Get exclusive updates from JD. Get all that and support our work for only $5.95 a month. You'll also get a PAID subscription to 'The Insurgency' "banned news blasts" once a day for 50 news links to banned content you can't find in social media. For other patron tiers, you can join us live via zoom to interact with JD during the Bulldgomatic Bible study, get free theology books in the mail, and more.

Or, if you don't want to use Patreon and don't want the rewards, subscribe to 'The Insurgency' "banned news blasts" for free (three days a week) or $7 dollars a month (notice that's a dollar more than getting it through Patreon) or $70 dollars a year. Instead of you scouring the news, let our Gideon Knox News team do the news-hunting FOR YOU and it will save you time finding real news.

And finally, you can give a one time financial gift through Giving Fuel . It's also super-easy to set up and takes only minutes.

Because JD gets banned in Facebook a lot, you can also find him on Twitter here And if you're into politics, check out Montana Daily Gazette. If you just want his sermons, check out his SermonAudio feed

1 thought on “Joel Osteen’s Lakeland Church Received $4.4 Million in Federal PPP Loans

  1. Mega churches are corporations that don’t pay taxes. They operate like corporations. They are the LAST places you, me, or any sinful seeker is likely to find Christ. These places are serving as comedy clubs, self-help workshops, and dragnets of the devil. They’re making a mockery of the cross, and are actually enemies of it.

Leave a Reply

Your email address will not be published. Required fields are marked *