Trump on Saturday signed the extension into law. By clicking submit, you agree to share your email address with Mississippi Today. champion wins almost $60,000 in 7th consecutive win, over $220,000 total - Press of Atlantic City, Will Amanda Seyfried (The Dropout) ride her Emmy high all the way to a SAG Award win? 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. Grace Pateras and Joe Harrington contributed to this story. All Rights Reserved. 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. 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. In Mississippi, nearly all 96% of loans were directed towards payrolls. of Loans Jobs Retained 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. There was an error and we couldn't process your subscription. And more than 1,000 recipients apparently did not answer the question about saving jobs at all, according to the data. PPP Loan Recipient List By State Mississippi - FederalPay 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. here Skip There were several errors in the database, so it's not clear whether all the companies listed received the funds. 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. PPP Loan Recipient List By State Mississippi - FederalPay 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. Of the Mississippi businesses that did answer, 75 percent were male, and 83 percent were white. 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. Grace Pateras and Joe Harrington contributed to this story. While the aim of the program was to aid ailing companies with less than 500 employees, its effectiveness has remained unclear. By industry: - Fillmore County Journal, Why Are Members of Congress Allowed to Trade Stocks? by Alex Rozier, Mississippi Today July 7, 2020, This article first appeared on Mississippi Today and is republished here under a Creative Commons license.. Niche movie theater chain Alamo Drafthouse received a loan of at least $5 million. Three Hispanic, two Asian and zero American Indian businesses reported receiving at least that amount. His work has appeared in the Boston Globe, Open Secrets, and on NBC.com. Wochit. 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. All rights reserved. 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. Click on a company's name to see additional loan details. Keep this news free and accessible to all by becoming a member and giving a recurring donation of any amount today. $1M - $2M: 291 Recipients. - 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? 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. 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. 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. Get Funding & Growth Help Get Started For Free 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. 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. 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. 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. 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. A searchable database of federal 2020 Paycheck Protection Program loans. The Ayn Rand Institute received a loan and defended it on Twitter. Restaurant chains like P.F. Across the country, more than 660,000 businesses received $150,000 or up to the $10 million maximum from the small-business lending program. Otherwise, it carries a 1 percent interest rate and must be repaid within two years. 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. 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. Browse & Search CARES Act PPP Recipients by Company names The following data was provided by the SBA & US Treasury Department showing a breakdown of all the name of companies who received PPP loans over $150,000. Disbursements to Mississippi businesses ranged from $100 to a $10 million loan, which went to Staff Pro LLC, an employment agency in Gulfport. To republish online, simply click the button, copy the html code and paste into your Content Management System (CMS). 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. - two free years of archived e-Editions Almost 4,000 women-owned businesses reported receiving loans. Other major law firms, such asForman Watkins & Krutz, Watkins & Eager,Brunini Grantham Grower & Hewes, and Schwartz and Associates, got millions of dollars through PPP. TUPELO MS PPP Loan Data Our stories may appear on pages with ads, but not ads specifically sold against our stories. 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. - Newsweek, Objectivism Q&A with Ben Bayer and Dan Schwartz - New Ideal, Book Banning Is Wrong Unless It Gets Me Out of Helping My Kid With His Homework - The Hard Times, THE TEACHER'S DESK: Breaking the Rules | Opinion | thetimestribune.com - Times Tribune of Corbin, If Big Ten didnt just add lucrative programs like USC but trimmed stragglers, whod get the boot? Why PPP Loan Recipients in Mississippi Could Be at Risk Enjoy! - UnHerd, Advice: Im a woman of color often overlooked at work until people realize I outrank them - The Boston Globe, Ayn Rand | Biography, Books, & Facts | Britannica, Gen Z is looking for meaning this holiday season, but maybe not where we expect - Religion News Service, Cryptocurrency and the Shocking Revelation That White Supremacists Like Money - tntribune.com, Seahawks vs Texans Week 14 Picks and Predictions: Learning To Fly Again - Covers, Forza Horizon 5s amazing intro shows why its a huge hit on Game Pass - Polygon, Celeb Shelf: Instead of scrolling through my phone I read a book, shares actor-turned-author Jugal Hansraj - Free Press Journal. 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. Grace Pateras and Joe Harrington contributed to this story. Posted on February 27, 2023 by laguardia airport food terminal c 2023 Magnolia Tribune. The published data now include specific amounts businesses have received, as well as the names of places that got smaller loans. 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. Lawmakers decided in mid-May to set aside $300 million of that money for small business owners. For nearly two decades, he has reported and offered analysis on government, public policy, business and matters of faith. PPP Loans List :: PPP Detective Internationally, South Korean airline Korean Air received a PPP loan. Reeves: Businesses with ties to Tate Reeves received loans. Editorial cartoons and photo essays are not included under the Creative Commons license and therefore do not have the "Republish This Story" button option. Mississippi PPP loan recipients: Search the full list - The Clarion-Ledger Most did not respond. The program has about $132 billion in funding remaining. At least two casino companies and a pair of yacht clubs on the Coast received funds as well. Email Frank: frank@magnoliatribune.com. In total, over 79,000 businesses in Mississippi have been approved for PPP loans. For example: trucking , hospice , television , Kasowitz Benson Torres , 90210 , Sole. We believe that an informed Mississippi is a better Mississippi. 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. Mississippi - PPP Funded Companies - SBA Any web site our stories appear on must include a contact for your organization. We're dedicated to keeping Mississippians informed with our thorough reporting. Contact Giacomo "Jack" Bologna at 601-961-7282 or gbologna@gannett.com. The Ayn Rand Institute received a loan and defended it on Twitter. If you do not have an existing account, you can also easily use an existing Google, Facebook or Apple account. Mississippi PPP 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. How's the return to office going? The case was brought in Foley Square, New York and is pending. 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 curious cult of the friend of fascism | Anthony Daniels - The Critic, Ocean City 'Jeopardy!' 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. Medical businessessuffered deep revenue losses during the pandemic as normal lucrative procedures and treatments were put on pause to handle the virus. Many colleges have taken a financial hit after refunding students for room, board and other fees that come with attending class in-person. a proud member of the Ambassador to Tanzania. The U.S. government has released a list of businesses that have received emergency pandemic loans of $150,000 or more. 45,815 Mississippi companies receive PPP loans The loans have reached diverse communities proportionally, across all income levels and demographics. U.S. Treasury releases listing of PPP loan recipients per state Click Your California Privacy Rights / Privacy Policy. Each small business was supposed to receive a $2,000 check. 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. According to state filings, the company is now run by the son of Michael Retzer, who previously served as chairman of the Mississippi Republican Party, treasurer of the Republican National Committee and U.S. Who in Mississippi got Paycheck Protection Program loans during 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. Please reload the page and try again. You have to credit Mississippi Today. You cant edit our stories, except to reflect relative changes in time, location and editorial style. 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. 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. Time will tell, Creative Commons Attribution-NoDerivatives 4.0 International License, Proudly powered by Newspack by Automattic. ben suarez bread / joseph wiley kim burrell / list of ppp loan recipients by name california. 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 Ayn Rand Institute, named for the objectivist writer cited as an influence on libertarian thought, was approved for $350,000 to $ 1 million. 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. Bienville Orthopaedic Specialists, L.L.C. There is further data we're working on for the loans under $150k however so check back in the future for that. 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. 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. $341 Million in PPP Fraud So Far, and Counting - Small Business Trends 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. 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. The Ayn Rand Institute received a loan and defended it on Twitter. On average, businesses in the state received about $7,000 per employee. And what do kangaroos have to do with it? 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. The fate of Amtraks Gulf Coast return rests with a federal board, They couldve picked Elijah Moore, but Saints drafted Payton Turner. SBA and Treasury Release Names of PPP Loan Recipients The grant program is being overseen by the Mississippi Development Authority, which has contracted with a company to help run it. This disclosure covers each of the 4.9 million PPP loans that have been made. Mississippi Paycheck Protection Program (PPP) Loans On average, businesses in the state received about $7,000 per employee. Bankers, lawyers, and consultants told Business Insider that the volume of pre-approved loans will soak up the second round of funding.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. After those funds quickly ran out, the government replenished the program with an additional $310 billion. Democrats have sought assurances that programs established to help Main Street sufficiently reach those who most need it. - 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? Several other companies, shown below, received enough in loans to pay each employee over six figures. Updated July 25, 2022 Search for PPP loan applications by organization, lender, zip code and business type. - Vox.com, Conservative Theologically, but Liberal Politically | Gene Veith - Patheos, Who is Jonathan Swan, the reporter who grilled Trump? 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. PPP list: Who received federal loans in Mississippi? There is not an exact figure because many of these loans are disclosed in ranges. The Roman Catholic dioceses in California, New York, Nevada, Tennessee and Kentucky also received loans. Treasury Secretary Steven Mnuchin sparked an outcry from Democratswhenheoriginallyimplied that theTrump administration would not disclose the names of participants. Examining Federal Efforts to Prevent, Detect, and Prosecute Pandemic 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. Help keep the momentum going by rejoining our member community today. The vast majority of those companies taking part in the program some 38,035 organizations received PPP loans less than $150,000. 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. Data on who got them was recently released after pressure from news organizations and lawmakers. So did theLos Angeles Lakers. Several other companies, shown below, received enough in loans to pay each employee over six figures. Chang's China Bistro and Chop't received aid of between $5 million and $10 million. With your help, we've gotten a lot done but we're not finished yet! By clicking submit, you agree to share your email address with Mississippi Today. Companies said that the funding supported more than 51 million jobs. Got a confidential news tip? Sign up for free newsletters and get more CNBC delivered to your inbox. - Noozhawk, Happy birthday to the great Ayn Rand - OCRegister, Letter to the editor about Clowns to the left of me, jokers to the right. 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 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. John Farrell, a Republican donor and real estate developer also received a PPP loan. - 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. 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? here The U.S. government has released a list of businesses that have received emergency pandemic loans of $150,000 or more. The goal is to fund small businesses that have been economically impacted due to the coronavirus pandemic. 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. The U.S. government has released a list of businesses that have received emergency pandemic loans of $150,000 or more. Graphics by CNBC's John Schoen. There was an error and we couldn't process your subscription. The loan data also include demographics of the borrowers, although most businesses left those fields blank. 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. The Small Business Administration has released a list of businesses that have received emergency pandemic.