Paycheck Protection Program (PPP) loans have aided more than 5.2 million small business owners, providing a much-needed lifeline during the Coronavirus outbreak crisis. Mississippi Paycheck Protection Program (PPP) Loans $350K - $1M: 1,107 Recipients. Some 3,890 Mississippi companies received PPP loans in excess of $150,000. The Skip team has been one of the top resources in the US for SBA-related funding and other private funding options since 2020. following organizations: Whoops! The case was brought in Foley Square, New York and is pending. ms PPP Loan Data You can review the data set released by Treasury and SBAto learn more about Mississippi PPP recipients. On average, businesses in the state received about $7,000 per employee. Those loans disclosed represent nearly three-fourths of total loan dollars approved, but a far smaller proportion of the number of actual loans. Joseph Kushner Hebrew Academy in New Jersey, which is named after Trump's son-in-law and advisor Jared Kushner's grandfather, got a loan in the range of $1 million to $2 million. Editorial cartoons and photo essays are not included under the Creative Commons license and therefore do not have the "Republish This Story" button option. Some firms said they didn't receive or apply for the money they're listed as getting. Click to share on Twitter (Opens in new window), Click to share on Facebook (Opens in new window), Click to email a link to a friend (Opens in new window), Legislatures top leaders test positive for coronavirus, Creative Commons Attribution-NoDerivatives 4.0 International License, Proudly powered by Newspack by Automattic. Just look at shares of one of the largest office REITs, whenheoriginallyimplied that theTrump administration would not disclose the names of participants, tried to take the restaurant chain public, More than $30 billion in loans were returned overall, forced to close shop as result of the pandemic. The U.S. government has released a list of businesses that have received emergency pandemic loans of $150,000 or more. In total, over 79,000 businesses in Mississippi have been approved for PPP loans. Several law firms, including ones with ties to President Trump (Kasowitz, Benson & Torres) and former vice president Al Gore and film producer Harvey Weinstein (Boies Schiller Flexner) also received PPP loans. There is not an exact figure because many of these loans are disclosed in ranges. - Federal Regulations Advisor, The Daily Cartoon and Live Briefing: Monday, May 9, 2022 - FlaglerLive.com, Victory at San Jacinto liberated the individual | Opinion | jacksonvilleprogress.com - Jacksonville Daily Progress, RUSH's GEDDY LEE Says NEIL PEART 'Didn't Want Anyone To Know' About His Illness: 'He Wanted To Keep It In The House' - BLABBERMOUTH.NET, The Alternative Meat Industry Wants Solar Power Style Mandates And Subsidies - Science 2.0, diSConnected: Is Ayn Rand or Mother Teresa better for protecting South Carolinians with disabilities? Search through Mississippi businesses that benefited from the Paycheck Protection Program with our database by searching below. The US government recently added a second round of $310 billion to PPP loan program. Yet that rate varies greatly; J&W Transport LLC, a trucking company in Jackson, received a loan of over $260,000 to pay one employee. Any amount helps us keep producing quality journalism for Mississippi. Scallan said the agency is still encouraging small business owners to apply for grants at the following website: www.backtobusinessms.org. - The Atlantic, The Fountainhead Reading Group with Andrew Bernstein - The Objective Standard, Copyright 2000 to 2023 Prometheism Transhumanism Post Humanism. Medical businessessuffered deep revenue losses during the pandemic as normal lucrative procedures and treatments were put on pause to handle the virus. The goal is to fund small businesses that have been economically impacted due to the coronavirus pandemic. This company embraced the coronavirus economy and now it is hiring workers. Religious groups in the state received between $53 and $80 million, spread across 80 different organizations. In 2019, Alex was a grantee through the Pulitzer Centers Connected Coastlines program, which supported his coverage around the impact of climate change on Mississippi fisheries. PPP Loan Fraud List | Who Got a PPP Loan? - YouTube Across the country, more than 660,000 businesses received $150,000 or up to the $10 million maximum from the small-business lending program. Searchable PPP Loans - Businesses with PPP Loan 2021 Small Business Administration (SBA) released a list of all the businesses their loan amount with Bank and business details. Each small business was supposed to receive a $2,000 check. John Farrell, a Republican donor and real estate developer also received a PPP loan. | Jones - PennLive, A high point of our time in southern Alberta, Canada - Patheos, 4 Pillars of The Illusion | C. Don Jones - Patheos, The Philosophic Case for the Absolute Right to Abortion - New Ideal, R2AK: Will monohulls sweep the podium? See PPP Loans Recipients In Mississippi Other loans went topolitically connected law firms such as Butler Snow, religious organizations including the state's Catholic dioceses, and private schools such as Jackson Prep. 3 On Your Side Investigates: Paycheck Protection Under Closer - WLBT If you share our stories on social media, please tag us in your posts using. Designed to cover expenses such as payroll and rent, the loans do not have to be paid back if at least 60 percent of the money is spent keeping or rehiring workers. Mississippi PPP loan recipients: See the full searchable list of who Our SBA database unveils list of 6.6M recipients Enlarge The SBA PPP loan recipient list includes more than 11.7 million loans made in the nearly $800 billion Covid-19 relief program. Any web site our stories appear on must include a contact for your organization. Some members of the land title industry were among the recipients, as there were at least 5 loans to title companies (closing offices) in the $150,000 to $350,000 bracket. Rich Smith 31.3K subscribers Subscribe 110K views 1 year ago Here's a breakdown of the PPP Loan Fraud List and who got a PPP Loan. More than 45,000 loans worth nearly $3.2 billion were approved in Mississippi by the Small Business Administration, according to Mississippi Bankers Association. The program is part of the Coronavirus Aid, Relief and Economic Security Act President Donald Trump signed. St. Andrew's Episcopal Day School in Ridgeland got at least $2 million. How's the return to office going? If you do not have an existing account, you can also easily use an existing Google, Facebook or Apple account. The vast majority of those companies taking part in the program some 38,035 organizations received PPP loans less than $150,000. Ruth's Hospitality Group, which owns the Ruth's Chris Steak House chain, AutoNationand ShakeShack are among those that took out PPP loans. PPP Loan Recipient List By State Mississippi - FederalPay Restaurant chains P.F. Time will tell, Creative Commons Attribution-NoDerivatives 4.0 International License, Proudly powered by Newspack by Automattic. 2023 CNBC LLC. Rep VickyHartzler, R-Mo., on Thursday disclosed that her family's businesses received nearly $480,000. - The Week, Daily Reformer: Hagehan The First Couple Of Minnesota Politics - Patch.com. Meanwhile, 78 white business owners received loans for at least $1 million. Lawmakers decided in mid-May to set aside $300 million of that money for small business owners. At least a dozen prominent investment firms obtained hundreds of thousands of dollars in assistance each, with at least two saying the money would help retain zero jobs. Grace Pateras and Joe Harrington contributed to this story. By joining our newsletter, you are confirming that you agree with the Privacy Policy, Frank Corder is a native of Pascagoula. 45,815 Mississippi companies receive PPP loans You gain access to: Democrats have sought assurances that programs established to help Main Street sufficiently reach those who most need it. The largest loans were only recorded in the data as ranges. Several other companies, shown below, received enough in loans to pay each employee over six figures. Contact Giacomo "Jack" Bologna at 601-961-7282 or gbologna@gannett.com. We prefer Author Name, Mississippi Today in the byline. Please reload the page and try again. Read more. Classical Economists - The Objective Standard, Opinion | Demolishing the Demonic Plans of Our Enemy, and Can We Get An Amen - Common Dreams, Ayn Rand's We the Living: Back on the Silver Screenand Better Than Ever - The Objective Standard, Congress revival: Time to break free of family - The Hans India, The Financial Dark Ages Are Ending Thanks To Bitcoin - Bitcoin Magazine, Marital rape: How understanding context rather than just focusing on consent will help resolve the issue - Firstpost, Deadly Class Season 2: Is a Release Date or Rumor in the Offing on Netflix? Mississippi PPP loan recipients: See the full searchable list of who For the most part, Mississippis recipients were small individual businesses over 80% reported 10 or fewer employees, and only 1% were part of a franchise. Bienville Orthopaedic Specialists, L.L.C. Several other companies, shown below, received enough in loans to pay each employee over six figures. World-class Experience The Skip team prides itself on giving you the attention and assistance your small business deserves. For the most part, Mississippis recipients were small individual businesses over 80% reported 10 or fewer employees, and only 1% were part of a franchise. Designed to cover expenses such as payroll and rent, the loans do not have to be paid back if at least 60 percent of the money is spent keeping or rehiring workers. We're dedicated to keeping Mississippians informed with our thorough reporting. Tate Reeves also got PPP money. var divElement = document.getElementById('viz1594157587379'); var vizElement = divElement.getElementsByTagName('object')[0]; if ( divElement.offsetWidth > 800 ) { vizElement.style.width='800px';vizElement.style.height='627px';} else if ( divElement.offsetWidth > 500 ) { vizElement.style.width='800px';vizElement.style.height='627px';} else { vizElement.style.width='100%';vizElement.style.height='727px';} var scriptElement = document.createElement('script'); scriptElement.src = 'https://public.tableau.com/javascripts/api/viz_v1.js'; vizElement.parentNode.insertBefore(scriptElement, vizElement); The data also included the demographics of borrowers, although two-thirds of the states borrowers declined to provide a gender and three-quarters declined to provide a race or ethnicity. Based on data from National Weather Service and OpenWeather. We center readers in everything we do, informingand engagingMississippians through reporting, podcasts, events and online communities. The loan amount is based on the number of employees and average payroll costs, and while at least 60% of the loan must be used for payroll, the other 40% can be used for interest on mortgages, rent and utilities. Yet that rate varies greatly; J&W Transport LLC, a trucking company in Jackson, received a loan of over $260,000 to pay one employee. If you do not have an existing account, you can also easily register or login with an existing Google, Facebook or Apple account. Staff Report Published 6:37 p.m. CT July 8, 2020, If you are a small business owner and have not yet applied for a Paycheck Protection Program (PPP) loan yetAccording to Business Insider, you may be out of luck and too late to receive funding. Those in excess of $150,000 break down as follows: The spectrum of businesses receiving PPP loans crossed practically every segment of the Mississippi economy. You have to credit Mississippi Today. While the aim of the program was to aid ailing companies with less than 500 employees, its effectiveness has remained unclear. We want to hear from you. Click hereto download Paycheck Protection Program loan data by state for loans of $150,000 and above. PPP Small Business Relief Will Likely Not Help All. Mississippi has a total of 138,392 businesses that received Paycheck Protection Program (PPP) loans from the Small Business Administration. Mississippi Today published info on many of the businesses receiving money last summer, but the Small Business Administration has since made public more information on PPP recipients following a lawsuit from the Washington Post and other outlets. If youre not able to add the byline, please include a line at the top of the story that reads: This story was originally published by Mississippi Today and include our website, You cannot republish our editorial cartoons, photographs, illustrations or graphics without specific permission (contact our managing editor. Most of those that answered were white and male-owned, shown below: Use the tables below for full lists of Misssissippi's PPP recipients, by business and industry: -- Article credit to Alex Rozier of Mississippi Today --. By clicking submit, you agree to share your email address with Mississippi Today. - Daily Herald, The Strange and Terrifying Ideas of Neoreactionaries Current Affairs - Current Affairs, Martin Scorsese, Objectivism, Relativism, and How We Read Cinema - No Film School, Ayn Rand, Objectivists, and COVID - Science Based Medicine, Ayn Rand vs. The average loan size is approximately $100,000, demonstrating that the program is serving the smallest of businesses, he continued. The U.S. government has released a list of businesses that have received emergency pandemic loans of $150,000 or more. There were several errors in the database, so it's not clear whether all the companies listed received the funds. Staffing companies, pipeline and electric utilities maintenance companies, heavy machinery and tire dealers, and restaurant chains all received millions. The data release also includes overall statistics regarding dollars lent per state, loan amounts, top lenders, and distribution by industry. Based on the data, between $2,511,750,192 and $4,436,550,192 have been loaned through the Payroll Protection Program to businesses in Mississippi. Most did not respond. The PPP loans are designed to keep people on the job, and can be forgiven if the funds are used on payroll and similar expenses. It has approved 4.9 million loans for a total of more than $521 billion. Businesses linked to Gov. The curious cult of the friend of fascism | Anthony Daniels - The Critic, Ocean City 'Jeopardy!' About 87% of the loans were for less than $150,000, according to the SBA. The Mississippi Department of Revenue is in charge of distributing $60 million to businesses that were forced to close by the governor's orders. It lowered the share of the loan that a company must spend on payroll and gave them a longer period of time to use the money. PPP list: Who received federal loans in Mississippi? Browse & Search CARES Act PPP Recipients 2023 Magnolia Tribune. This disclosure covers each of the 4.9 million PPP loans that have been made. - the ability to be paid for posting And what do kangaroos have to do with it? Many colleges have taken a financial hit after refunding students for room, board and other fees that come with attending class in-person. For all loans below $150,000, SBA is releasing all of the above information except for business names and addresses. Borrowers are eligible for full forgiveness as long as they maintain the same level of employment and compensation for a certain period and spend most of the loan on their payroll. The vast majority of Mississippi loan recipients,more than 30,000,did not appear to provide information in their applications about race and ethnicity of ownership. Businesses in California ,Texas and New York that received loans reported having about 4.1 million, 2.7 million and 2 million total employees, respectively. There was an error and we couldn't process your subscription. You cant edit our stories, except to reflect relative changes in time, location and editorial style. Three Hispanic, two Asian and zero American Indian businesses reported receiving at least that amount. The Trump administration on Monday disclosed the names of many small businesses which received loans under a program intended to blunt the economic damage from the coronavirus pandemic. Release from the U.S. Department of Treasury. The largest loans were only. Applicants in California received the most money overall with $68.2 billion, followed by Texas at $41.1 billion and New York at $38.3 billion. Any amount helps us keep producing quality journalism for Mississippi. Editorial cartoons and photo essays are not included under the Creative Commons license and therefore do not have the "Republish This Story" button option. The Roman Catholic dioceses in California, New York, Nevada, Tennessee and Kentucky also received loans. Updated July 25, 2022 Search for PPP loan applications by organization, lender, zip code and business type. Perdue's adult children are 99% stakeholders in a trust that indirectly owns the company, and the secretary did not have any influence on the SBA's loan decisions or the company's decision to apply for aid, the spokesperson said. Internationally, South Korean airline Korean Air received a PPP loan. You can only publish select stories individually not as a collection. Why PPP Loan Recipients in Mississippi Could Be at Risk TGI Fridays, which is backed by private equity firm TriArtisan Capital Advisors, received at least $5 million. "The CARES Act was an umbrella act that distributed tons of money. of Loans Jobs Retained The SBA states that the PPP program is designed to help small businesses keep workers on payroll. For nearly two decades, he has reported and offered analysis on government, public policy, business and matters of faith. The U.S. government has released a list of businesses that have received emergency pandemic loans of $150,000 or more. Those in excess of $150,000 break down as follows: $5M - $10M: 16 Recipients. The Archdiocese of New York got a loan valued at between $5 million and $10 million, while the Catholic Charities of the Archdioceses of San Francisco, Washington, D.C., New Orleans and Boston, among others, all received assistance valued at more than $2 million. In Mississippi, nearly all 96% of loans were directed towards payrolls. SBA and Treasury Release Names of PPP Loan Recipients $2M - $5M: 118 Recipients. Companies said that the funding supported more than 51 million jobs. PPP Loan Recipient List By State Mississippi - FederalPay U.S. Imports and Bills of Lading for Franklin Corporation, U.S. Imports and Bills of Lading for Jindal Tubular USA LLC, U.S. Imports and Bills of Lading for Behold Washington, LLC, U.S. Imports and Bills of Lading for Corinthian Inc. U.S. Imports and Bills of Lading for Van Zyverden Inc. Power and Communication Line and Related Structures Construction, Professional, Scientific, and Technical Services, Household Furniture (except Wood and Metal) Manufacturing, Offices of Physicians (except Mental Health Specialists), Iron and Steel Pipe and Tube Manufacturing from Purchased Steel, Upholstered Household Furniture Manufacturing, Other Heavy and Civil Engineering Construction, Oil and Gas Pipeline and Related Structures Construction, Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance, Other Services (except Public Administration), The First, A National Banking Association, Southern Electric Corporation Of Mississippi, Administrative and Support and Waste Management and Remediation Services, Prefabricated Metal Building and Component Manufacturing. Across the country, more than 660,000 businesses received $150,000 or up to the $10 million maximum from the small-business lending program. Right place at the right time: freeports model gives fillip to St Helens regeneration scheme - The Guardian, Reflections from London on the queen's life and death - Baptist News Global, Editorial: NH voters, beware of radical threat on ballot - Valley News, 10 Wednesday AM Reads - The Big Picture - Barry Ritholtz, Opinion: Renewables are great and all, but who'll pay when they fail? U.S. Secretary of the Treasury Steven Mnuchin testifies with Jovita Carranza, Administrator U.S. Small Business Administration during the Senate Small Business and Entrepreneurship Hearings to examine implementation of Title I of the CARES Act on Capitol Hill on June 10, 2020 in Washington, DC. Changs, Legal Sea Foods and Silver Diner either received PPP loans or had investors connected to the company that did. We prefer Author Name, Mississippi Today in the byline. See the full searchable list of who received Mississippi PPP loans, law firm where House Speaker Philip Gunn works, Businesses with ties to Tate Reeves received loans, Your California Privacy Rights/Privacy Policy. This work is licensed under a Creative Commons Attribution-NoDerivatives 4.0 International License. The data only identifies companies with loans worth more than $150,000. Mississippi PPP loan recipients: Search the full list - The Clarion-Ledger More than $4 billion in PPP loans have now made its way to Mississippi after Congress approved another round of federal support this year. On average, businesses in the state received about $7,000 per employee. Who in Mississippi got Paycheck Protection Program loans during the pandemic? More than 40% of Black small business owners wereforced to close shop as result of the pandemic. Search PPP Loan list in Mississippi Does something look fishy to you? The Roman Catholic dioceses in California, New York, Nevada, Tennessee and Kentucky also received loans. Yet that rate varies greatly; J&W Transport LLC, a trucking company in Jackson, received a loan of over $260,000 to pay one employee. Political organizations also received loans: The Ohio Democratic Party got at least $150,000 and the Florida Democratic Party Building Fund got at least $350,000, while the Women's National Republican Club of New York got at least $350,000, the Black Republican Caucus in Florida got at least $150,000. Restaurant chains like P.F. Got a confidential news tip? Last month, Congress passed a bill easing the terms for how businesses can use the funds and qualify for forgiveness. 177878 177879 To republish online, simply click the button, copy the html code and paste into your Content Management System (CMS). We are particularly pleased that 27% of the programs reach in low and moderate income communities which is in proportion to percentage of population in these areas. Search through Mississippi businesses that benefited from the Paycheck Protection Program with our database by searching below. A Division of NBCUniversal. Otherwise, it carries a 1 percent interest rate and must be repaid within two years. Updated List of PPP and EIDL Loan Fraud Criminal Cases As was the case after the first round of the Paycheck Protection Program last summer, the states top recipients so far include restaurants, doctors and dentists offices, legal practices, construction companies, car dealers, hotels and religious organizations. Clear, with a low around 41. The loan data also include demographics of the borrowers, although most businesses left those fields blank. The program caps forgiveness for salaries at $100,000 per employee, more than twice the states median household income. The Ayn Rand Institute received a loan and defended it on Twitter. Email Frank: frank@magnoliatribune.com. Southern Air Conditioning & Supply Inc., where Reeves is a shareholder and Coker & Palmer, Inc., an insurance agency where his wife, Elee Reeves, is a financial advisor, were among the businesses from Mississippi that received money in the coronavirus outbreak, according to the federal government. But We Wish It Had Been - Fatherly, A field guide to the pandemic deniers - Salon, Mastodon, Tool, Coheed + Cambria, Primus Members Team on Cover of Rush's 'Anthem' - Loudwire, Daddy Ducey had his chance to deal with COVID; It's time to call Mom | What the Devil won't tell you - TucsonSentinel.com, Peter Bart: How Hollywood Learned That Mixing Politics And Art Can Turn Big Ideas Into B-Pictures - Deadline, The saga of the doctor versus the denier continues - Antelope Valley Press, Making it on your own in pandemic | Opinion - News-Press Now, Every generation gets 'The Baby-Sitters Club' it deserves - SFGate, How Amber Heard went from a small town in Texas to centre stage in Hollywood's most explosive trial yet - Evening Standard, Big problems with the Paycheck Protection Program? General Freight Trucking, Long-Distance, Truckload, Services for the Elderly and Persons with Disabilities, Other Grocery and Related Products Merchant Wholesalers, Offices of Real Estate Agents and Brokers, Cardiology Associates Of North Mississippi, All Other Miscellaneous Ambulatory Health Care Services. A total of 45,812 loans were distributed to Mississippi leading to a reported 412,461 jobs being retained. In Mississippi, nearly all 96% of loans were directed towards payrolls. Almost all of that money has yet to be distributed. All Data Obtained From the SBA. Some 3,890 Mississippi companies received PPP loans in excess of $150,000. The law firm said in a statement that all of its employees across 12 states kept their jobs with no pay cuts. The PPP Loan Fraud List - PPP Fraud | Who got a PPP LOAN 2021 Wochit. PPP list: Who received federal loans in Mississippi? On average, businesses in the state received about $7,000 per employee. U.S. Treasury releases listing of PPP loan recipients per state The loan data also include demographics of the borrowers, although most businesses left those fields blank. Separately, Mississippi is in the process of distributing grants to many small businesses using federal funds it received for virus relief. Read or Share this story: https://www.clarionledger.com/story/business/2020/07/08/ms-ppp-loan-recipients-database-coronavirus-pandemic-search-full-list-businesses-covid-19/5402287002/, Mississippi PPP loan recipients: See the full searchable list of who received them - Hattiesburg American, Copyright 2000 to 2023 Prometheism Transhumanism Post Humanism | Prometheism | Euvolution | Pierre Teilhard De Chardin, https://www.clarionledger.com/story/business/2020/07/08/ms-ppp-loan-recipients-database-coronavirus-pandemic-search-full-list-businesses-covid-19/5402287002/, Ayn Rand - Books, Quotes & Philosophy - Biography. Todays release includes loan-level data, including business names, addresses, NAICS codes, zip codes, business type, demographic data, non-profit information, name of lender, jobs supported, and loan amount ranges as follows: These categories account for nearly 75 percent of the loan dollars approved. to see all of their content. Based on the data, between $2,511,750,192 and $4,436,550,192 have been loaned through the Payroll Protection Program to businesses in Mississippi. Secret IRS data shows it's paying off - Salon, Heres hoping this USC/UCLA-Big Ten merger careens off the track, crashes and burns | Jones - PennLive, LETTER: Thank cadre deployment and BEE for the mess - BusinessLIVE, Why The Racist Left Smears Clarence Thomas As An 'Angry Black Man' - The Federalist, This Is the Most Important Decision You Can Make To Increase Sales Right Now! More than $4 billion in loans have now made its way to Mississippi after Congress approved another round of federal support for businesses earlier this year.
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