- profiles and social posts All Data Obtained From the SBA. Almost 4,000 women-owned businesses reported receiving loans. Internationally, South Korean airline Korean Air received a PPP loan. 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. For example: trucking , hospice , television , Kasowitz Benson Torres , 90210 , Sole. According to the data set, these loans will allow the businesses to retain a total of 412,492 jobs. 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. 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? Restaurant chains like P.F. 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. Some firms said they didn't receive or apply for the money they're listed as getting. Loan Range No. Religious groups in the state received between $53 and $80 million, spread across 80 different organizations. How's the return to office going? Email Frank: frank@magnoliatribune.com. Both businesses were approved to receive between $150,000 and $350,000 each. California students call to remove Ronald Reagan, Margaret Thatcher busts - Campus Reform, The GOP Are Standing on Trump's Sinking Ship, But Democrats Need a Vision Beyond Electing Biden - Common Dreams, Is Donald Trump the Republican Partys future, or its past? This work is licensed under a Creative Commons Attribution-NoDerivatives 4.0 International License. Summary of PPP Loans in Mississippi. The Ayn Rand Institute received a loan and defended it on Twitter. Those loans represent nearly three-fourths of total loan dollars approved, but a far smaller proportion of the number of actual loans. See PPP Loans Recipients In Mississippi 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. Alex Rozier, from New York City, is Mississippi Todays data and environment reporter. Several law firms, including ones with ties to President Trump (Kasowitz, Benson & Torres) and former vice president Al Gore and film producer Harvey Weinstein (Boies Schiller Flexner) also received PPP loans. 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. The Small Business Administration has released a list of businesses that have received emergency pandemic. Businesses who qualified hair salons, gyms, certain retail stores and many others were supposed to be sent the $2,000 check automatically. It has approved 4.9 million loans for a total of more than $521 billion. Help us crowdsource fraud detection in the PPP program! Get Funding & Growth Help Get Started For Free 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. Other major law firms, such asForman Watkins & Krutz, Watkins & Eager,Brunini Grantham Grower & Hewes, and Schwartz and Associates, got millions of dollars through PPP. Todays release of loan data strikes the appropriate balance of providing the American people with transparency, while protecting sensitive payroll and personal income information of small businesses, sole proprietors, and independent contractors., The PPP is an indisputable success for small businesses, especially to the communities in which these employers serve as the main job creators, said Administrator Jovita Carranza. You have to credit Mississippi Today. 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. - Study Breaks, Get Ready for a Week of Unhinged Attacks on Biden and Harris - The Bulwark. ms PPP Loan Data 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. 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The SBA states that the PPP program is designed to help small businesses keep workers on payroll. 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. CNBC's Kate Rogers, Betsy Spring, Kevin Breuninger and Kayla Tausche contributed to this report. In Mississippi, nearly all 96% of loans were directed towards payrolls. The Roman Catholic dioceses in California, New York, Nevada, Tennessee and Kentucky also received loans. SBA and Treasury Release Names of PPP Loan Recipients Click hereto download Paycheck Protection Program loan data by state for loans of $150,000 and above. Which South Miss. businesses received PPP loans - WLOX 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. Grace Pateras and Joe Harrington contributed to this story. Sign up for free newsletters and get more CNBC delivered to your inbox. PPP Loan Recipient List By State Mississippi - FederalPay All rights reserved. Theaters have been closed while new film releases have been delayed or pushed to streaming platforms. On average, businesses in the state received about $7,000 per employee. 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. The spectrum of businesses receiving PPP loans crossed . On average, businesses in the state received about $7,000 per employee. - Noozhawk, Happy birthday to the great Ayn Rand - OCRegister, Letter to the editor about Clowns to the left of me, jokers to the right. More than 50 companies reported that the funds would help them hold onto at least 400 employees. Bienville Orthopaedic Specialists, L.L.C. 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. Those loans represent nearly three-fourths of total loan dollars approved, but a far smaller proportion of the number of actual loans. Updated List of PPP and EIDL Loan Fraud Criminal Cases 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. You cant edit our stories, except to reflect relative changes in time, location and editorial style. 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. 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. Narrow the list by typing in a business or city name. You can search the SBA's entire PPP loan data below. To learn more about our cartoon syndication services. In Mississippi, nearly all 96% of loans were directed towards payrolls. John Farrell, a Republican donor and real estate developer also received a PPP loan. We want to hear from you. Last month, Congress passed a bill easing the terms for how businesses can use the funds and qualify for forgiveness. "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. to see all of their content. Internationally, South Korean airline Korean Air received a PPP loan. The program caps forgiveness for salaries at $100,000 per employee, more than twice the states median household income. 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. All rights reserved. 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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. Editorial cartoons and photo essays are not included under the Creative Commons license and therefore do not have the "Republish This Story" button option. 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. Across the country, more than 660,000 businesses received $150,000 or up to the $10 million maximum from the small-business lending program. Get this delivered to your inbox, and more info about our products and services. Who in Mississippi got Paycheck Protection Program loans during the pandemic? Transportation Secretary Elaine Chao's family's business, Foremost Maritime, got a loan valued at between $350,000 and $1 million. Most of those that answered were white and male-owned, shown below: Use the tables below for full lists of Misssissippi's PPP recipients, by business and industry: -- Article credit to Alex Rozier of Mississippi Today --. Religious organizations such as the Catholic dioceses of Biloxi and Jackson, the Episcopal Diocese of Mississippi,and the Mississippi Conference of the United Methodist Churchreceived hundreds of thousands of dollars. In Mississippi, nearly all 96% of loans were directed towards payrolls. You can review the data set released by Treasury and SBAto learn more about Mississippi PPP recipients. The U.S. government has released a list of businesses that have received emergency pandemic loans of $150,000 or more. John Farrell, a Republican donor and real estate developer also received a PPP loan. 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. You have to credit Mississippi Today. Search through Mississippi businesses that benefited from the Paycheck Protection Program with our database by searching below. Heatmap of PPP Loans by Zip Code in Mississippi, Number of Loans Issued by Date in Mississippi, Summary of PPP Loans by County in Mississippi, Top 25 Cities in Mississippi by Number of PPP Loans. Look for the "Republish This Story" button underneath each story. PPP list: Who received federal loans in Mississippi? 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. 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. 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. Read or Share this story: https://www.clarionledger.com/story/business/2020/07/08/ms-ppp-loan-recipients-database-coronavirus-pandemic-search-full-list-businesses-covid-19/5402287002/, Mississippi PPP loan recipients: See the full searchable list of who received them - Hattiesburg American, https://www.clarionledger.com/story/business/2020/07/08/ms-ppp-loan-recipients-database-coronavirus-pandemic-search-full-list-businesses-covid-19/5402287002/, Ayn Rand - Books, Quotes & Philosophy - Biography, Top 10 Reasons Ayn Rand was Dead Wrong - CBS News, Lions Drinking With Jackals: Molly Tanzer's Grave-Worms - tor.com, Ken Griffin spent $54 million to fight tax hike on the rich. The goal is to fund small businesses that have been economically impacted due to the coronavirus pandemic. In three months, this Administration was able to act quickly to get funding into the hands of those who faced enormous obstacles as a result of the pandemic. 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). The U.S. government has released a list of businesses that have received emergency pandemic loans of $150,000 or more. The overwhelming majority of owners who received PPP loans legitimately used the money to retain employees and stay operational. Examining Federal Efforts to Prevent, Detect, and Prosecute Pandemic Data released on small businesses receiving PPP loans during pandemic : NPR We center readers in everything we do, informingand engagingMississippians through reporting, podcasts, events and online communities. Businesses linked to Gov. Credit: Eric J. Shelton/Mississippi Today, If you are an existing Print subscriber click. 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. 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. A handful of Mississippi's private colleges also received assistance. The Retzer Group, which operates McDonald's franchises, got at least $5 in PPP money. Most did not respond. But thousands of Magnolia State companies also got the Small Business Administration aid without promising to retain any workers. PPP recipient list: Which companies got PPP loans? - The Business Journals They included Jackson Academy and Jackson Prep, which both received at least $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. John Farrell, a Republican donor and real estate developer also received a PPP loan. This company embraced the coronavirus economy and now it is hiring workers. 45,815 Mississippi companies receive PPP loans 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. St. Andrew's Episcopal Day School in Ridgeland got at least $2 million. On average, businesses in the state received about $7,000 per employee. TGI Fridays, which is backed by private equity firm TriArtisan Capital Advisors, received at least $5 million. Mississippi companies reported the aid will help them retain about 412,000 jobs about one-third of the state's total workforce. 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. - the ability to be paid for posting The published data now include specific amounts businesses have received, as well as the names of places that got smaller loans. Search through Mississippi businesses that benefited from the Paycheck Protection Program with our database by searching below. 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. This table shows the top 5 industries in Mississippi by number of loans awarded, with average loan amounts and number of jobs reported. 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). Butler Snow, among the state's most powerful law firms, was able to retain 486 jobs thanks to the $5-10 million it received, according to PPP data. PPP Loans List. 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 company is investing $2.4 million in their Mississippi operation and adding 32 new jobs. 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. Our stories may appear on pages with ads, but not ads specifically sold against our stories. According to Business Insider, you may be out of luck and too late to receive funding. | 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? 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. 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 loans have reached diverse communities proportionally, across all income levels and demographics. 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. Browse & Search CARES Act PPP Recipients 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. 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. PPP loans helped businesses retain nearly 48,000 employees in our state. 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. If you share our stories on social media, please tag us in your posts using. 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. Northeast wind 0 to 5 mph. If you are an existing Print subscriber click HERE for your login info. - 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. Posted on February 27, 2023 by laguardia airport food terminal c 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. Help keep the momentum going by rejoining our member community today. Industries getting the largest share of net PPP dollars were health and social assistance, professional, scientific and technical services, construction and manufacturing. A searchable database of federal 2020 Paycheck Protection Program loans. Crane & Sons, as well as furniture manufacturers like Max Home, in Fulton. Any amount helps us keep producing quality journalism for Mississippi. The program is part of the Coronavirus Aid, Relief and Economic Security Act President Donald Trump signed. - 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? 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. 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. Search PPP Loan list in Mississippi Narrow the list by typing in a business or city name. We prefer Author Name, Mississippi Today in the byline. The curious cult of the friend of fascism | Anthony Daniels - The Critic, Ocean City 'Jeopardy!' Report it to the Small Business Administrations with just a few clicks. Lawmakers have also pushed to find out if politicians or their families' have taken on funds from the program. Any amount helps us keep producing quality journalism for 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? The goal is to fund small businesses that have been economically impacted due to the coronavirus pandemic. Revealed: How U.S. Gov't & Hollywood Secretly Worked Together to Justify Atomic Bombings of Japan - Democracy Now! 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. Mississippi PPP loan recipients: Search the full list - The Clarion-Ledger