Staffing companies, pipeline and electric utilities maintenance companies, heavy machinery and tire dealers, and restaurant chains all received millions. Otherwise, it carries a 1 percent interest rate and must be repaid within two years. 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. The Treasury and SBA later reversed course, saying they woulddisclose names and other details about businesses that took PPP loans of $150,000 and above. Restaurant chains P.F. 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. to see all of their content. We prefer Author Name, Mississippi Today in the byline. Does something look fishy to you? A total of 45,812 loans were distributed to Mississippi leading to a reported 412,461 jobs being retained. Click 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. The Clarion Ledger reached out to several companies that received at least $5 million through the program. Businesses in economically distressed areas as designated by the SBA got nearly 23% of the loan money, while companies in rural areas received about 15% of the funds. Northeast wind 0 to 5 mph. Companies said that the funding supported more than 51 million jobs. ben suarez bread / joseph wiley kim burrell / list of ppp loan recipients by name california. - Scuttlebutt Sailing News, Bill Maher Addressed an Eventful Political Week on Real Time - InsideHook, Letter: The rules of life are very simple - Detroit Lakes Tribune, The Banality of Putin and Xi | Yaron Brook and Elan Journo - IAI, American culture is destroying itself, and the planet, says leading activist Bill McKibben - Yahoo Philippines News, Is Discussing the Consequences of Anti-Vaccine Disinformation Fun? Other major law firms, such asForman Watkins & Krutz, Watkins & Eager,Brunini Grantham Grower & Hewes, and Schwartz and Associates, got millions of dollars through PPP. a proud member of the Across the country, more than 660,000 businesses received $150,000 or up to the $10 million maximum from the small-business lending program. - Noozhawk, Happy birthday to the great Ayn Rand - OCRegister, Letter to the editor about Clowns to the left of me, jokers to the right. Todays data shows that small businesses of all types and across all industries benefited from this unprecedented program. 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. The published data now include specific amounts businesses have received, as well as the names of places that got smaller loans. Ambassador to Tanzania. 2023 - Land Title Association of Mississippi, Supreme Court will hear a case challenging CFPB funding, ALTA Applauds Passage of SECURE Notarization Act in the House of Representatives, Title Companys Crime Policy Covers Fraudulent Wire Transfer, Central Florida Court Research and Document Retrieval. So here are the links and resources I mentioned. PPP Loans List. For example: trucking , hospice , television , Kasowitz Benson Torres , 90210 , Sole. Alex Rozier, from New York City, is Mississippi Todays data and environment reporter. "We made a commitment to our employees at the outset of this crisis that we would take every action available to us to keep everyone healthy, paid, working and productive," the statement said. Businesses who qualified hair salons, gyms, certain retail stores and many others were supposed to be sent the $2,000 check automatically. We believe that an informed Mississippi is a better Mississippi. For all loans below $150,000, SBA is releasing all of the above information except for business names and addresses. Updated July 25, 2022 Search for PPP loan applications by organization, lender, zip code and business type. 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. On July 6, 2020, the federal government released the names of 45,815 companies and organizations in Mississippi that received Paycheck Protection Program (PPP) loans, which were designed to keep the economy afloat during the coronavirus. Tate Reeves also got PPP money. 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. - Study Breaks, Get Ready for a Week of Unhinged Attacks on Biden and Harris - The Bulwark. The U.S. government has released a list of businesses that have received emergency pandemic loans of $150,000 or more. examining federal efforts to prevent, detect, and prosecute pandemic relief fraud to safeguard funds for all eligible americans 117th congress (2021-2022) Your California Privacy Rights / Privacy Policy. If you don't receive emergency government funding, it's suggested for small businesses to seek funding through tax relief, private companies, local governments, and organizations offering small business grants. 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. TGI Fridays, which is backed by private equity firm TriArtisan Capital Advisors, received at least $5 million. John Farrell, a Republican donor and real estate developer also received a PPP loan. - The Week, Daily Reformer: Hagehan The First Couple Of Minnesota Politics - Patch.com. 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. 177878 177879 The program caps forgiveness for salaries at $100,000 per employee, more than twice the states median household income. 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. The U.S. government has released a list of businesses that have received emergency pandemic loans of $150,000 or more. Eastern Fishing And Rental Tool Co., Inc. Support Activities for Oil and Gas Operations, All Other Professional, Scientific, and Technical Services, Motorcycle, ATV, and All Other Motor Vehicle Dealers, Grain and Field Bean Merchant Wholesalers, Specialized Freight (except Used Goods) Trucking, Long-Distance, Agriculture, Forestry, Fishing and Hunting, Lessors of Residential Buildings and Dwellings, Other Miscellaneous Durable Goods Merchant Wholesalers, Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing, Corporate, Subsidiary, and Regional Managing Offices, Colleges, Universities, and Professional Schools, Farm and Garden Machinery and Equipment Merchant Wholesalers, Plastics Material and Resin Manufacturing, Mississippi Tank And Manufacturing Company, Truck, Utility Trailer, and RV (Recreational Vehicle) Rental and Leasing, Pearl River Valley Electric Power Association, Progressive Medical Management Of Batesville, LLC, Region VII Mental Health Intellectual Disabilities Commission, Outpatient Mental Health and Substance Abuse Centers, Supermarkets and Other Grocery (except Convenience) Stores, Gasoline Stations with Convenience Stores. The bill Congress passed to replenish the program in April included $60 billion specifically for small lenders in response to concerns about businesses without a traditional banking relationship accessing loans. But about 3,500 Mississippi businesses that received PPP loans said they would retain zero jobs with the money. If you do not have an existing account, you can also easily use an existing Google, Facebook or Apple account. Politically, according to the Washington Post, companies with connections to a handful of federal lawmakers, like Foremost Maritime, which is a shipping business controlled by the family of Transportation Secretary Elaine Chao, have received PPP loans. Wochit. Of the money, $240 was designated for a small business grant program, called Back to Business Mississippi, and businesses impacted by COVID-19 are eligible for up to $25,000 of grant money to cover certain expenses. Dig Deeper: See the full searchable list of who received Mississippi PPP loans. to view this author's last article or Data on who got them was recently released after pressure from news organizations and lawmakers. Email Frank: frank@magnoliatribune.com. The SBA states that the PPP program is designed to help small businesses keep workers on payroll. Southern States Utility Trailer Sales Inc. Our stories may appear on pages with ads, but not ads specifically sold against our stories. You cant edit our stories, except to reflect relative changes in time, location and editorial style. Bienville Orthopaedic Specialists, L.L.C. Click hereto download Paycheck Protection Program loan data by state for loans of $150,000 and above. The Land Title Association of Mississippi is a professional association dedicated to creating an environment which enables its members to provide the public with the highest quality land title evidencing, title insurance and settlement services. Across the country, more than 660,000 businesses received $150,000 or up to the $10 million maximum from the small-business lending program. 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. A total of 45,812 loans were distributed to Mississippi leading to a reported 412,461 jobs being retained. There is further data we're working on for the loans under $150k however so check back in the future for that. Changs, Legal Sea Foods and Silver Diner either received PPP loans or had investors connected to the company that did. - Fillmore County Journal, Why Are Members of Congress Allowed to Trade Stocks? 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. 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. More than 40% of Black small business owners wereforced to close shop as result of the pandemic. 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. 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. "The CARES Act was an umbrella act that distributed tons of money. 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? The association said the "vast majority" of the loans originated at banks headquartered in the state. 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. No city is better suited to serve as a hub for innovation and growth than Gulfport, Mayor Hewes writes. 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. In Mississippi, nearly all 96% of loans were directed towards payrolls. And what do kangaroos have to do with it? 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. The loans have reached diverse communities proportionally, across all income levels and demographics. In Mississippi, nearly all 96% of loans were directed towards payrolls. The federal government hassentmore than $3 billion in small business loans to Mississippi businesses and nonprofits, savinghundreds of thousands of jobs in recent months, new data shows. About 87% of the loans were for less than $150,000, according to the SBA. It further contains data showing the reach of the program in underserved communities, rural communities, historically underutilized business zones (HUBZones), and participation by religious, grantmaking, civil, professional, and other similar organizations. Restaurant chains like P.F. Both businesses were approved to receive between $150,000 and $350,000 each. Of the Mississippi businesses that did answer, 75 percent were male, and 83 percent were white. Chao is the wife of Senate Majority Leader Mitch McConnell, R-Ky. Perdue Inc., a trucking company co-founded by Agriculture Secretary Sonny Perdue, was approved for $150,000 to $350,000 in loan money. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. The SBA states that the PPP program is designed to help small businesses keep workers on payroll. 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. After those funds quickly ran out, the government replenished the program with an additional $310 billion. 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. 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. We're dedicated to keeping Mississippians informed with our thorough reporting. 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. - Forward, The limits of Justice Ketanji Brown Jacksons power - Fortune, Race Across The World and Louis Theroux Interviews among new BBC Factual and Arts slate - Royal Television Society |, Fool Britannia: sloppy Tory treatise a hint of horrible things to come - Crikey, Day one at the Tory conference: Industry cries out for stability but U-turns and uncertainty continue - Building. Those loans disclosed represent nearly three-fourths of total loan dollars approved, but a far smaller proportion of the number of actual loans. 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. Graphics by CNBC's John Schoen. Why PPP Loan Recipients in Mississippi Could Be at Risk In Mississippi, nearly all 96% of loans were directed towards payrolls. 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. There was an error and we couldn't process your subscription. The House of Representatives followed the Senate in passing a measure Wednesday to extend the program's application deadline from June 30 to Aug. 8. - 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? Otherwise, it carries a 1 percent interest rate and must be repaid within two years. PPP Loan Search MS $1M - $2M: 291 Recipients. Mississippi companies reported the aid will help them retain about 412,000 jobs about one-third of the state's total workforce. - 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? By industry: The program was initially rolled out in April, offering $349 billion to small businesses. The U.S. government has released a list of businesses that have received emergency pandemic loans of $150,000 or more. Lawmakers have also pushed to find out if politicians or their families' have taken on funds from the program. More than $30 billion in loans were returned overall, senior administration officials who declined to be named said Monday. Our stories may appear on pages with ads, but not ads specifically sold against our stories. The published data now include specific amounts businesses have received, as well as the names of places that got smaller loans. The US government recently added a second round of $310 billion to PPP loan program. - InvisionMag, Republicans want kids to be bullies like Trump: The hidden agenda of the right's attack on SEL - Salon, Broaden your perspective with the '1 after 2' reading rule - Bangor Daily News. The Paycheck Protection Program loans were doled out as the coronavirus pandemic shuttered the U.S. economy. The program's critics have expressed concern that the amount of untapped funds could show that rural or minority-owned businesses with weaker or no banking relationships have had trouble accessing relief money. More than $4 billion in PPP loans have now made its way to Mississippi after Congress approved another round of federal support this year. 2023 CNBC LLC. 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. 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. The SBA released other details about the program Monday, including: The PPP's goal is to offer forgivable loans to smaller businesses, helping them to stay afloat and employees to maintain their jobs as the coronavirus puts the U.S. economy on hold. World-class Experience The Skip team prides itself on giving you the attention and assistance your small business deserves. Changs, Legal Sea Foods and Silver Diner either received PPP loans or had investors connected to the company that did. Posted on February 27, 2023 by laguardia airport food terminal c To republish online, simply click the button, copy the html code and paste into your Content Management System (CMS). Internationally, South Korean airline Korean Air received a PPP loan. Three Hispanic, two Asian and zero American Indian businesses reported receiving at least that amount. At least two casino companies and a pair of yacht clubs on the Coast received funds as well. The Ayn Rand Institute received a loan and defended it on Twitter. 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. We do not sell or share your information with anyone. John Farrell, a Republican donor and real estate developer also received a PPP loan. We're dedicated to keeping Mississippians informed with our thorough reporting. A handful of Mississippi's private colleges also received assistance. They included Jackson Academy and Jackson Prep, which both received at least $1 million. - The Bulwark, Boris Johnsons Covid bravado insults the NHS and the public - The Guardian, Science Fiction in a Time of Crisis - Filmmaker Magazine, The criticism facing Rishi Sunak has nothing to do with race, and all to do with greed - iNews, Zack Snyder's Star Wars-Themed Movie Recruits The Princess Bride Star - Giant Freakin Robot, Debate sparked after University of Bristol students try to 'cancel' controversial speaker - Bristol Live, Rishi Sunak is a terrible bloke, regardless of his wife's finances - JOE.co.uk, Understanding the Roots of the New Inflation: With Rob Tarr - New Ideal, First Wind Film Development To Adapt Rick Bleiweiss Blackstone Novel Pignon Scorbion And The Barbershop Detectives For TV - Deadline, 'My jagged path to cap and gown': Reflections from a 23-year-old expectant high school graduate - Kennebec Journal and Morning Sentinel, Don't Believe The Hype: The Left Wish They Ran Cancel Culture Like This - Above the Law, Who is John Malone, the 'Cable Cowboy' and GB News backer who could buy Channel 4? While the aim of the program was to aid ailing companies with less than 500 employees, its effectiveness has remained unclear. 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 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. Republish our articles for free, online or in print, under a Creative Commons license. Assisted Living Facilities for the Elderly, Fabricated Structural Metal Manufacturing, Plumbing, Heating, and Air-Conditioning Contractors, Other Commercial and Industrial Machinery and Equipment Rental and Leasing, Yalobusha General Hospital And Nursing Home, Electrical Contractors and Other Wiring Installation Contractors. The online vehicle marketplace company quadrupled its sales in just one year after beginning operation in January 2021. Get Funding & Growth Help Get Started For Free The grant program is being overseen by the Mississippi Development Authority, which has contracted with a company to help run it. All Rights Reserved. | 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? 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. But the businesses reported the total when they applied for loans, and it is unclear how many of those employees stayed on the payroll. Ruth's Hospitality Group, which owns the Ruth's Chris Steak House chain, AutoNationand ShakeShack are among those that took out PPP loans. following organizations: Whoops! 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. 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. 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. 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. Across the country, more than 660,000 businesses received $150,000 or up to the $10 million maximum from the small-business lending program. 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. There is not an exact figure because many of these loans are disclosed in ranges.
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