; Paycheck Protection Program (85 Fed. Reg. 20817 (April 15, 2020)) properly clarified the eligibility of churches and religious organizations for loans made under paragraph (36). (ii) Applicability of prohibition The prohibition on eligibility established by section 120.110(k) of title 13, Code of Federal Regulations, or any successor regulation, shall not apply to a covered loan. (G) Gross receipts for nonprofit and veterans organizations For purposes of calculating gross receipts under subparagraph (A)(vi)(I)(cc) for an entity that is a nonprofit organization or a veterans organization, gross receipts— (i) shall include proceeds from fundraising events, federated campaigns, gifts, donor-advised funds, and funds from similar sources; and (ii) shall not include— (I) Federal grants (excluding any loan forgiveness on loans received under paragraph (36) or this paragraph; (II) revenues from a supporting organization; (III) grants from private foundations that are disbursed over the course of more than 1 calendar year