mississippi ppp loan recipients list mississippi ppp loan recipients list

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. The loans have reached diverse communities proportionally, across all income levels and demographics. A Division of NBCUniversal. While some minority-owned businesses may not have disclosed race in their application, only one Black business owner reported receiving a PPP loan worth at least $1 million. The law firm Boies Schiller Flexner, whose chairman David Boies has represented powerful clients such as former Vice President Al Gore in the Bush v. Gore Supreme Court case, received between $5 million and $10 million. Across the country, more than 660,000 businesses received $150,000 or up to the $10 million maximum from the small-business lending program. 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. Keep this news free and accessible to all by becoming a member and giving a recurring donation of any amount today. 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. Updated List of PPP and EIDL Loan Fraud Criminal Cases In fact, the franchise locations combined for each of McDonalds, Sonic, Applebees and General Motors received more in loans than any of the states non-franchise businesses. With your help, we've gotten a lot done but we're not finished yet! PPP list: Who received federal loans in Mississippi? - The Atlantic, The Fountainhead Reading Group with Andrew Bernstein - The Objective Standard, Copyright 2000 to 2023 Prometheism Transhumanism Post Humanism. LEARN MORE ABOUT WHO QUALIFIES BY CLICKING HERE. 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. 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. 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. Reeves: Businesses with ties to Tate Reeves received loans. Search MS Businesses Results @lukerehmann Otherwise, it carries a 1 percent interest rate and must be repaid within two years. A total of 45,812 loans were distributed to Mississippi leading to a reported 412,461 jobs being retained. Search Latest PPP Loan List Numerous news organizations received PPP loans: Forbes Media got at least $5 million; The Washington Times got at least $1 million; The Washingtonian got at least $350,000; The Daily Caller received at least $350,000 and The Daily Caller News Foundation got at least $150,000; The American Prospect received at least $150,000. Each small business was supposed to receive a $2,000 check. On average, businesses in the state received about $7,000 per employee. | 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? The Mississippi Department of Revenue is in charge of distributing $60 million to businesses that were forced to close by the governor's orders. You have to credit Mississippi Today. Help us crowdsource fraud detection in the PPP program! 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. Your California Privacy Rights / Privacy Policy. Lawmakers drew up a list of specific industries and estimated that there were about 30,000 small business within those industries. Yet dozens of large national chains came away with millions in loans on behalf of their Mississippi locations; McDonalds, for instance, received $14.8 million to support 28 locations in the state, despite being a multinational corporation that made $4.7 billion in profit last year. 2023 www.clarionledger.com. Mississippi businesses that applied for and received a loan as part of a national effort to save small companies during the coronavirus pandemic is now public information. We do not sell or share your information with anyone. How's the return to office going? Mississippi businesses that applied for and received a loan as part of a national effort to save small companies during the coronavirus pandemic is now public information. 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. We center readers in everything we do, informingand engagingMississippians through reporting, podcasts, events and online communities. Several other companies, shown below, received enough in loans to pay each employee over six figures. The Ayn Rand Institute received a loan and defended it on Twitter. - 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? In total, over 79,000 businesses in Mississippi have been approved for PPP loans. In total, over 79,000 businesses in Mississippi have been approved for PPP loans. 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. The Government alleged that Mr. Martinez acquired approval to issue PPP loans as a non-bank lender and earned over $70 million in lender fees. The Retzer Group, which operates McDonald's franchises, got at least $5 in PPP money. SBA and Treasury to release names of largest PPP loan recipients. Wall Street investment groups, including Semper Capital Management LP and Domini Impact Investments LLC, which manage billions of dollars, also received PPP loans according to Reuters. But the businesses reported the total when they applied for loans, and it is unclear how many of those employees stayed on the payroll. There was an error and we couldn't process your subscription. Loans Issued In Mississippi PPP Recipients Browse PPP Loans By State Mississippi Select a City for all PPP loans filed within that jouristiction, or search the entire state filings here: Show entries Search: Processing. Help keep the momentum going by rejoining our member community today. Who in Mississippi got Paycheck Protection Program loans during the pandemic? 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. The largest loans were only recorded in the data as ranges. Coronavirus stimulus: List of PPP small business loan recipients - CNBC He is a frequent guest on radio and television, providing insight and commentary on the inner workings of the Magnolia State. TUPELO MS PPP Loan Data Find Latest SBA PPP Loan Details Search by Business name, city, state, loan amount etc Search Loan Details 1 2 3 4 5 6 7 8 9 10 . The Treasury Department and Small Business Administration on Monday disclosed the names of businesses to whom they have lent more than $150,000 as part of the Paycheck Protection Program. Any amount helps us keep producing quality journalism for Mississippi. The U.S. Treasury Department released the names of 650,000 businesses that received loans of $150,000 or more on Monday as part of the Paycheck Protection Program (PPP) designed to help small businesses, including nearly 4,000 in Mississippi. Dozens of private and charter schools got aid. - Houston Chronicle, The Simpsons' Playdate With Destiny Short Was A Product Of Serendipity - /Film, Filthy Animals Pries Open The Violent, Animalistic Notions In Human Relationships - Gaysi, How Isabel Paterson Helped Ayn Rand Find Atlantis - The Objective Standard, Where Is 'The Anarchists' Star Jason Henza Today? You gain access to: All Rights Reserved. John Farrell, a Republican donor and real estate developer also received a PPP loan. 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. Almost all of that money has yet to be distributed. In total, Mississippi businesses received between $2.5 billion and $4.4 billion in loans, spread across 45,000 recipients loans of $150,000 or larger are only disclosed in ranges. If you do not have an existing account, you can also easily use an existing Google, Facebook or Apple account. The disclosure comes amid demands from Democrats for more transparency around the funds established as part of the $2 trillion CARES Act signed into law this spring. Neel-Schaffer, an engineering and construction management firm based in Jackson, said in a statement that the company was grateful for the help, which allowed it to keep 354 jobs, according to PPP data. Ruth's Hospitality Group, which owns the Ruth's Chris Steak House chain, AutoNationand ShakeShack are among those that took out PPP loans. Republish our articles for free, online or in print, under a Creative Commons license. In Mississippi, nearly all 96% of loans were directed towards payrolls. Those loans disclosed represent nearly three-fourths of total loan dollars approved, but a far smaller proportion of the number of actual loans. Why PPP Loan Recipients in Mississippi Could Be at Risk The largest loans were only. For all loans below $150,000, SBA is releasing all of the above information except for business names and addresses. Republish our articles for free, online or in print, under a Creative Commons license. - two free years of archived e-Editions The law firm where House Speaker Philip Gunn works, Wells Marble & Hurst, received between $350,000 and $1 million. 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. - and much more! [The full list is available on the Small Business Administration website, which you can access here.]. Trump on Saturday signed the extension into law. Grace Pateras and Joe Harrington contributed to this story. The program is part of the Coronavirus Aid, Relief and Economic Security Act President Donald Trump signed. The biggest loans went toconstruction contractors such as F.L. The program caps forgiveness for salaries at $100,000 per employee, more than twice the states median household income. They and many more companies ultimately returned the money after public outcry. So here are the links and resources I mentioned. Look for the "Republish This Story" button underneath each story. Larger and public companies initially took advantage of loosely written language to tap the funds for themselves. Summary of PPP Loans in Mississippi. - Gold Derby, Books review: What to read in October - Reader's Digest, Democrats dig the graves of freedom and prosperity - Washington Times, Baseball and Yom Kippur: Is there a Koufax curse? Founded in 2016 as the states first nonprofit, nonpartisan newsroom, Mississippi Todays roots in Capitol coverage have grown to encompass a myriad of beats beyond politics and policy, including education, public health, justice, environment, equity, and, yes, sports. PPP Loan Search MS 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. 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. To republish online, simply click the button, copy the html code and paste into your Content Management System (CMS). 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. We believe that an informed Mississippi is a better Mississippi. Keep this news free and accessible to all by becoming a member and giving a recurring donation of any amount today. The PPP is providing much-needed relief to millions of American small businesses, supporting more than 51 million jobs and over 80 percent of all small business employees, who are the drivers of economic growth in our country, said Secretary Steven T. Mnuchin. The program is giving first priority to businesses that didn't receive money through PPP and has set aside $40 million for businesses owned by women and minorities. Any web site our stories appear on must include a contact for your organization. Todays data shows that small businesses of all types and across all industries benefited from this unprecedented program. Jared Kushner's parents' family foundation supports the school, NBC News reported. Mississippi businesses that applied for and received a loan as part of a national effort to save small companies during the coronavirus pandemic is now public information. 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. Mississippi businesses that applied for and received a loan as part of a national effort to save small companies during the coronavirus pandemic is now public information. !function(){"use strict";window.addEventListener("message",(function(a){if(void 0!==a.data["datawrapper-height"])for(var e in a.data["datawrapper-height"]){var t=document.getElementById("datawrapper-chart-"+e)||document.querySelector("iframe[src*='"+e+"']");t&&(t.style.height=a.data["datawrapper-height"][e]+"px")}}))}(); Disclosure: In 2020, Mississippi Today sought a Paycheck Protection Program loan, which was approved and disbursed. You can review the data set released by Treasury and SBAto learn more about Mississippi PPP recipients. Copyright 2022 Winston County Journal | Terms of Use| Privacy Policy, More than $4 billion in PPP loans have now made its way to Mississippi after Congress approved another round of federal support this year. Internationally, South Korean airline Korean Air received a PPP loan. Scallan said the agency is still encouraging small business owners to apply for grants at the following website: www.backtobusinessms.org. PAW Patrol Wasn't Canceled. The data only identifies companies with loans worth more than $150,000. Read more. The Clarion Ledger reached out to several companies that received at least $5 million through the program. Here's What's Wrong With Ayn Rand's Philosophy - The Paul and Romney embarrass themselves by lashing out at trans athletes - Outsports, The rise and fall of Netflix - Spectator.co.uk, Wonder Woman 1984: Who plays the 'other' Steve Trevor? The online vehicle marketplace company quadrupled its sales in just one year after beginning operation in January 2021. 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? Across the country, more than 660,000 businesses received $150,000 or up to the $10 million maximum from the small-business lending program. Gov. According to Business Insider, you may be out of luck and too late to receive funding. Theaters have been closed while new film releases have been delayed or pushed to streaming platforms. Grace Pateras and Joe Harrington contributed to this story. Most businesses applying for loans also did not disclose the gender of their ownership. PPP Small Business Relief Will Likely Not Help All. PPP list: Who received federal loans in Mississippi? All rights reserved. Bankers, lawyers, and consultants told Business Insider that the volume of pre-approved loans will soak up the second round of funding. Mississippi TUPELO 169 PPP loans (>$150k) have been issued in the city of TUPELO, MS. All publically available loans are listed here in order of business name. Wochit. Frank has served his community in both elected and appointed public office, hosted his own local radio and television programs, and managed private businesses all while being an engaged husband and father. You can only publish select stories individually not as a collection. Internationally, South Korean airline Korean Air received a PPP loan. In fact, McDonalds, Sonic, Applebees and General Motors each received more in loans for their Mississippi locations than any of the states non-franchise businesses. The Ayn Rand Institute received a loan and defended it on Twitter. 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). 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. So did theLos Angeles Lakers. Democrats have sought assurances that programs established to help Main Street sufficiently reach those who most need it. Most did not respond. You can only publish select stories individually not as a collection. The published data now include specific amounts businesses have received, as well as the names of places that got smaller loans. The grant program is being overseen by the Mississippi Development Authority, which has contracted with a company to help run it. Transportation Secretary Elaine Chao's family's business, Foremost Maritime, got a loan valued at between $350,000 and $1 million. More than $30 billion in loans were returned overall, senior administration officials who declined to be named said Monday. U.S. Treasury releases listing of PPP loan recipients per state Any web site our stories appear on must include a contact for your organization. Data released on small businesses receiving PPP loans during pandemic : NPR The company is investing $2.4 million in their Mississippi operation and adding 32 new jobs. If you do not have an existing account, you can also easily register or login with an existing Google, Facebook or Apple account. 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. Get this delivered to your inbox, and more info about our products and services. This company embraced the coronavirus economy and now it is hiring workers. $1M - $2M: 291 Recipients. His work has appeared in the Boston Globe, Open Secrets, and on NBC.com. Wall Street investment groups, including Semper Capital Management LP and Domini Impact Investments LLC, which manage billions of dollars, also received PPP loans according to Reuters. - Science Based Medicine, O'Donnell: Will the NBA's new red-light camera calls ruin The Finals for ABC/ESPN? 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. - Looper, Soul Review: Life, and How to Live It - Rolling Stone, Defending Ayn Rand's Reputation in the Media - New Ideal, Letter: Only 'We' can save the world | Letters to the Editor - Daily Herald, Pandemic and the prisoner's dilemma - DTNext, From the Rubble of Atlases, a Colossus Will Rise - The New York Times, Trump's America Remains Stuck in the Shadow of Reagan - Boston Review, The Tories are divided between libertarians and authoritarians. PPP Loans List. The goal is to fund small businesses that have been economically impacted due to the coronavirus pandemic. According to the data set, these loans will allow the businesses to retain a total of 412,492 jobs. a proud member of the - Vox.com, Conservative Theologically, but Liberal Politically | Gene Veith - Patheos, Who is Jonathan Swan, the reporter who grilled Trump? The U.S. government has released a list of businesses that have received emergency pandemic loans of $150,000 or more. The US government recently added a second round of $310 billion to PPP loan program. The PPP Loan Fraud List - PPP Fraud | Who got a PPP LOAN 2021 P Mathis The Accountant 4.83K subscribers Subscribe 2.1K Share 113K views Streamed 1 year ago Are you considering applying for. Time will tell, Creative Commons Attribution-NoDerivatives 4.0 International License, Proudly powered by Newspack by Automattic. But of those that did, white-owned businesses in the state outnumbered all others that got money combined including Black, Hispanic, Asian and American Indian businesses by a five-to-one margin. "The CARES Act was an umbrella act that distributed tons of money. to view this author's last article or The U.S. Small Business Administration, in consultation with the Treasury Department, today announced it was releasing detailed loan-level data regarding the loans made under the Paycheck Protection Program (PPP). Meanwhile, 78 white business owners received loans for at least $1 million. We're dedicated to keeping Mississippians informed with our thorough reporting. This work is licensed under a Creative Commons Attribution-NoDerivatives 4.0 International License. As was the case after the first round of the Paycheck Protection Program last summer, the state's top recipients so far include restaurants, doctors' and dentists' offices, legal practices, construction companies, car dealers, hotels and religious organizations. Restaurant chains like P.F. Some firms said they didn't receive or apply for the money they're listed as getting. Mississippi companies reported the aid will help them retain about 412,000 jobs about one-third of the state's total workforce. Posted on February 27, 2023 by laguardia airport food terminal c The Roman Catholic dioceses in California, New York, Nevada, Tennessee and Kentucky also received loans. Northeast wind 0 to 5 mph. But thousands of Magnolia State companies also got the Small Business Administration aid without promising to retain any workers. Grace Pateras and Joe Harrington contributed to this story. The disclosure comes amid demands from Democrats for more transparency around the Paycheck Protection Program, or PPP, funds established as part of the $2 trillion CARES Act, which President Donald Trump signed this spring. Trusted Partners Your Business? Sign up for free newsletters and get more CNBC delivered to your inbox. There were several errors in the database, so it's not clear whether all the companies listed received the funds. We prefer Author Name, Mississippi Today in the byline. 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. The U.S. government. There is further data we're working on for the loans under $150k however so check back in the future for that. - Fillmore County Journal, Why Are Members of Congress Allowed to Trade Stocks? Some 3,890 Mississippi companies received PPP loans in excess of $150,000. Doctors offices, restaurants and car dealers were the top businesses in Mississippi to receive loans from the $2 trillion coronavirus relief package signed into law this spring. Got a confidential news tip? - Noozhawk, Happy birthday to the great Ayn Rand - OCRegister, Letter to the editor about Clowns to the left of me, jokers to the right. by Alex Rozier, Mississippi Today July 7, 2020, This article first appeared on Mississippi Today and is republished here under a Creative Commons license..