• detail image of project

    $300,000 in Refinancing Strengthens Church Operations, Ministry, and Community Missions

  • detail image of project

    $300,000 in Refinancing Strengthens Church Operations, Ministry, and Community Missions

  • detail image of project

    $300,000 in Refinancing Strengthens Church Operations, Ministry, and Community Missions

Temple Missionary Baptist Church

Temple Missionary Baptist Church (TMBC) of San Bernardino, CA provides weekly worship services, local and international missionary work, and childcare for families of first responders during the COVID-19 pandemic. TMBC also founded the Woodward Leadership Academy, a charter school serving local K-6th grade students.

Clearinghouse CDFI, in a participation with the Baptist Foundation of California, provided $300,000 to refinance TMBC with a lower interest rate and an extended term.

Despite COVID-19 restrictions in 2020, TMBC was able to grow attendance by 50% by offering online worship services. Clearinghouse CDFI’s participation loan will strengthen TMBC’s operations and help provide programs for their recently expanded congregation.


Download the PDF: Just Funded by CCDFI – Temple Missionary Baptist Church

Financing Provided:
$300,000 in Refinancing for Church Operations
Location:
San Bernadino, CA
Impact:
- Strengthens church ministry and community missions
- Delivers a lower interest rate with an extended term
Purpose:
Refinancing to support ongoing church operations
Year Funded:
2021
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