Across the country, more than 660,000 businesses received $150,000 or up to the $10 million maximum from the small-business lending program. The goal is to fund small businesses that have been economically impacted due to the coronavirus pandemic. Mississippi companies reported the aid will help them retain about 412,000 jobs about one-third of the state's total workforce. This work is licensed under a Creative Commons Attribution-NoDerivatives 4.0 International License. If you share our stories on social media, please tag us in your posts using. PPP list: Who received federal loans in Mississippi? Otherwise, it carries a 1 percent interest rate and must be repaid within two years. Mississippi PPP loan recipients: See the full searchable list of who He is a frequent guest on radio and television, providing insight and commentary on the inner workings of the Magnolia State. There is not an exact figure because many of these loans are disclosed in ranges. The vast majority of those companies taking part in the program some 38,035 organizations received PPP loans less than $150,000. On average, businesses in the state received about $7,000 per employee. A former Mississippi prison guard has been sentenced to three years of probation for COVID relief fraud. All rights reserved. - Study Breaks, Get Ready for a Week of Unhinged Attacks on Biden and Harris - The Bulwark. ms PPP Loan Data Look for the "Republish This Story" button underneath each story. - The Week, Daily Reformer: Hagehan The First Couple Of Minnesota Politics - Patch.com. Scallan said the agency is still encouraging small business owners to apply for grants at the following website: www.backtobusinessms.org. 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. Treasury Secretary Steven Mnuchin sparked an outcry from Democratswhenheoriginallyimplied that theTrump administration would not disclose the names of participants. of Loans Jobs Retained Grace Pateras and Joe Harrington contributed to this story. 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 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. Search Latest PPP Loan List 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. - Science Based Medicine, O'Donnell: Will the NBA's new red-light camera calls ruin The Finals for ABC/ESPN? About 87% of the loans were for less than $150,000, according . More than $4 billion in PPP loans have now made its way to Mississippi after Congress approved another round of federal support this year. Millsaps, Tougaloo and Rust colleges each receivedbetween $2 million and $5 million. Narrow the list by typing in a business or city name. 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. PPP Loans List :: PPP Detective We want to hear from you. "This money helped us bridge a gap to keep people gainfully employed," the statement said. Coronavirus stimulus: List of PPP small business loan recipients - CNBC 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. 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. Those loans disclosed represent nearly three-fourths of total loan dollars approved, but a far smaller proportion of the number of actual loans. Yet franchisees in Mississippi from dozens of large national chains came away with millions in loans; 28 of McDonalds locations in Mississippi, for instance, received a combined $14.8 million, despite the chain being a multinational corporation that made $4.7 billion in profit last year. $150K - $350K: 2,358 Recipients. 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. 2023 www.clarionledger.com. Search PPP Loan list in Mississippi 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. The Clarion Ledger reached out to several companies that received at least $5 million through the program. His work has appeared in the Boston Globe, Open Secrets, and on NBC.com. - South Carolina Public Radio, Did the John Birch Society Win in the End? The association said the "vast majority" of the loans originated at banks headquartered in the state. Included in the data were car dealerships, nonprofit organizations, churches, oil and gas industry support companies, medical practices, zoos, law firms, and colleges. But thousands of Magnolia State companies also got the Small Business Administration aid without promising to retain any workers. 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. Those loans represent nearly three-fourths of total loan dollars approved, but a far smaller proportion of the number of actual loans. The SBA states that the PPP program is designed to help small businesses keep workers on payroll. More than $30 billion in loans were returned overall, senior administration officials who declined to be named said Monday. Grace Pateras and Joe Harrington contributed to this story. Transportation Secretary Elaine Chao's family's business, Foremost Maritime, got a loan valued at between $350,000 and $1 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. We're dedicated to keeping Mississippians informed with our thorough reporting. Mississippi - PPP Funded Companies - SBA $1M - $2M: 291 Recipients. More than 50 companies reported that the funds would help them hold onto at least 400 employees. - 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? There was an error and we couldn't process your subscription. 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. PPP Loan Recipient List By State Mississippi - FederalPay All Data Obtained From the SBA. The Roman Catholic dioceses in California, New York, Nevada, Tennessee and Kentucky also received loans. The curious cult of the friend of fascism | Anthony Daniels - The Critic, Ocean City 'Jeopardy!' - The Atlantic, The Fountainhead Reading Group with Andrew Bernstein - The Objective Standard, Copyright 2000 to 2023 Prometheism Transhumanism Post Humanism. PPP Loans List. 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. Tate Reeves also got PPP money. The U.S. government has released a list of businesses that have received emergency pandemic loans of $150,000 or more. 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. Gov. A searchable database of federal 2020 Paycheck Protection Program loans. 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. 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. A spokesperson for the Agriculture Department said Perdue Inc., a trucking service, said the loan was for about $182,000 and supported 27 jobs. Manley said that business owners who did not receive a check, but felt they qualified should email covid19relief@dor.ms.gov with their business name, account number and the reason they believe their business met the criteria for the $2,000 check. 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. So here are the links and resources I mentioned. TGI Fridays, which is backed by private equity firm TriArtisan Capital Advisors, received at least $5 million. You can review the data set released by Treasury and SBAto learn more about Mississippi PPP recipients. This table shows the top 5 industries in Mississippi by number of loans awarded, with average loan amounts and number of jobs reported. But of those that did, men-owned businesses receiving loans outnumbered women-owned firms by about three-to-one. 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. This work is licensed under a Creative Commons Attribution-NoDerivatives 4.0 International License. - 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? Data on who got them was recently released after pressure from news organizations and lawmakers. The largest loans were only. Religious groups in the state received between $53 and $80 million, spread across 80 different organizations. We prefer Author Name, Mississippi Today in the byline. 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. Our stories may appear on pages with ads, but not ads specifically sold against our stories. PPP list: Who received federal loans in Mississippi? Staffing companies, pipeline and electric utilities maintenance companies, heavy machinery and tire dealers, and restaurant chains all received millions. Help keep the momentum going by rejoining our member community today. 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. After those funds quickly ran out, the government replenished the program with an additional $310 billion. This is NOT a directory of companies that received a loan using SBA.com loan request service. His work has appeared in the Boston Globe, Open Secrets, and on NBC.com. to see all of their content. Chang's China Bistro and Chop't received aid of between $5 million and $10 million. The sum total of loans amounts to in excess of $521 billion, and in a statement, Treasury Secretary Steve Mnuchin remarked, "The PPP is providing much-needed relief to millions of American small . Help keep the momentum going by rejoining our member community today. Who in Mississippi got Paycheck Protection Program loans during the pandemic? About 87% of the loans were for less than $150,000, according to the SBA. Here's who got PPP loans in Mississippi - The Clarion-Ledger - The Bulwark, Members Outspoken on The Left's Priorities - AMAC - The Association of Mature American Citizens - AMAC, diSConnected: Is Ayn Rand or Mother Teresa better for protecting South Carolinians with disabilities? The SBA states that the PPP program is designed to help small businesses keep workers on payroll. If you share our stories on social media, please tag us in your posts using. - Noozhawk, Happy birthday to the great Ayn Rand - OCRegister, Letter to the editor about Clowns to the left of me, jokers to the right. The loan data also include demographics of the borrowers, although most businesses left those fields blank. Meanwhile, 78 white business owners received loans for at least $1 million. All rights reserved. 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? Mississippi PPP loan recipients: See the full searchable list of who We do not sell or share your information with anyone. $341 Million in PPP Fraud So Far, and Counting - Small Business Trends 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. On average, businesses in the state received about $7,000 per employee. 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. This disclosure covers each of the 4.9 million PPP loans that have been made. Rep VickyHartzler, R-Mo., on Thursday disclosed that her family's businesses received nearly $480,000. The law firm said in a statement that all of its employees across 12 states kept their jobs with no pay cuts. Any amount helps us keep producing quality journalism for Mississippi. Which South Miss. businesses received PPP loans - WLOX 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. The spectrum of businesses receiving PPP loans crossed . Internationally, South Korean airline Korean Air received a PPP loan. Wochit. 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. The case was brought in Foley Square, New York and is pending. We believe that an informed Mississippi is a better Mississippi. 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 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. 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. There is further data we're working on for the loans under $150k however so check back in the future for that. The Small Business Administration released a list of the businesses borrowing between $150,000 and $10 million under the loan program after members of Congress and media organizations pressured. 177878 177879 - 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. Read more. While many companies did not provide demographic information, the data suggests the vast majority of money went to white-owned businesses. 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. The jobs numbers released last week reinforced that PPP is working by keeping employees on payroll and sustaining millions of small businesses through this time.. Changs, Legal Sea Foods and Silver Diner either received PPP loans or had investors connected to the company that did. Loan Range No. 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. 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. here PPP loans helped businesses retain nearly 48,000 employees in our state. Keep this news free and accessible to all by becoming a member and giving a recurring donation of any amount today. Crane & Sons, as well as furniture manufacturers like Max Home, in Fulton. 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. 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. In Mississippi, nearly all 96% of loans were directed towards payrolls. Time will tell, Creative Commons Attribution-NoDerivatives 4.0 International License, Proudly powered by Newspack by Automattic. Below is a list of South Mississippi business that received PPP loans . 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. - 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. In Mississippi, 17 businesses received loans between $5-$10 million, the highest range of funding. - Vox.com, Conservative Theologically, but Liberal Politically | Gene Veith - Patheos, Who is Jonathan Swan, the reporter who grilled Trump? The average amount was about $69,000, the lowest in the country. [The full list is available on the Small Business Administration website, which you can access here.]. No city is better suited to serve as a hub for innovation and growth than Gulfport, Mayor Hewes writes. Data is a real-time snapshot *Data is delayed at least 15 minutes. 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. - 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? 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! The U.S. government has released a list of businesses that have received emergency pandemic loans of $150,000 or more. 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. 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. 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). Graphics by CNBC's John Schoen. But about 3,500 Mississippi businesses that received PPP loans said they would retain zero jobs with the money. The Ayn Rand Institute received a loan and defended it on Twitter. here examining federal efforts to prevent, detect, and prosecute pandemic relief fraud to safeguard funds for all eligible americans 117th congress (2021-2022) This year alone, nearly a hundred thousand Mississippians received $2.3 billion in PPP loans from the CARES Act, which provided much-needed financial assistance to business owners. Each small business was supposed to receive a $2,000 check. $350K - $1M: 1,107 Recipients. The U.S. government has released a list of businesses that have received emergency pandemic loans of $150,000 or more. The fate of Amtraks Gulf Coast return rests with a federal board, They couldve picked Elijah Moore, but Saints drafted Payton Turner. In Mississippi, nearly all 96% of loans were directed towards payrolls. 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. Why PPP Loan Recipients in Mississippi Could Be at Risk PPP list: Who received federal loans in Mississippi? SBA and Treasury to release names of largest PPP loan recipients. Niche movie theater chain Alamo Drafthouse received a loan of at least $5 million. You cant edit our stories, except to reflect relative changes in time, location and editorial style. 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. Alex Rozier, from New York City, is Mississippi Todays data and environment reporter. Most of those that answered were white and male-owned, shown below: Use the tables below for full lists of Mississippis PPP recipients, by business and industry. The US government recently added a second round of $310 billion to PPP loan program. The Ayn Rand Institute, named for the objectivist writer cited as an influence on libertarian thought, was approved for $350,000 to $ 1 million. To learn more about our cartoon syndication services. Lawmakers have also pushed to find out if politicians or their families' have taken on funds from the program. Who will win? 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. Republish our articles for free, online or in print, under a Creative Commons license. 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. You can only publish select stories individually not as a collection. 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. The goal is to fund small businesses that have been economically impacted due to the coronavirus pandemic. The program has about $132 billion in funding remaining. Seventeen Mississippi businesses received between $5 million and $10 million, the top loan amount, with about 120 more receiving between $2 million and $5 million.
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mississippi ppp loan recipients list