mississippi ppp loan recipients list

We're dedicated to keeping Mississippians informed with our thorough reporting. a proud member of the Data is a real-time snapshot *Data is delayed at least 15 minutes. 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. We believe that an informed Mississippi is a better Mississippi. Examining Federal Efforts to Prevent, Detect, and Prosecute Pandemic to view this author's last article or This company embraced the coronavirus economy and now it is hiring workers. 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. This disclosure covers each of the 4.9 million PPP loans that have been made. A searchable database of federal 2020 Paycheck Protection Program loans. - Fillmore County Journal, Why Are Members of Congress Allowed to Trade Stocks? Bienville Orthopaedic Specialists, L.L.C. The loan data also include demographics of the borrowers, although most businesses left those fields blank. The online vehicle marketplace company quadrupled its sales in just one year after beginning operation in January 2021. Any amount helps us keep producing quality journalism for Mississippi. 2023 CNBC LLC. Chang's China Bistro and Chop't received aid of between $5 million and $10 million. In Mississippi, nearly all 96% of loans were directed towards payrolls. 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. The loan data also include demographics of the borrowers, although most businesses left those fields blank. Dig Deeper: See the full searchable list of who received Mississippi PPP loans. $2M - $5M: 118 Recipients. Keep this news free and accessible to all by becoming a member and giving a recurring donation of any amount today. All rights reserved. You cant edit our stories, except to reflect relative changes in time, location and editorial style. In Mississippi, nearly all 96% of loans were directed towards payrolls. 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. - Study Breaks, Get Ready for a Week of Unhinged Attacks on Biden and Harris - The Bulwark. 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. 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. 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. 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. Search MS Businesses Results @lukerehmann 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. Mississippi PPP Funded Companies This directory is composed of all companies that have received loans under the Paycheck Protections Program according to data provided by the U.S. Treasury. There were several errors in the database, so it's not clear whether all the companies listed received the funds. Mississippi companies reported the aid will help them retain about 412,000 jobs about one-third of the state's total workforce. 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. By joining our newsletter, you are confirming that you agree with the Privacy Policy, Frank Corder is a native of Pascagoula. Rep VickyHartzler, R-Mo., on Thursday disclosed that her family's businesses received nearly $480,000. 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 data only identifies companies with loans worth more than $150,000. The average amount was about $69,000, the lowest in the country. The law firm where House Speaker Philip Gunn works, Wells Marble & Hurst, received between $350,000 and $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. The goal is to fund small businesses that have been economically impacted due to the coronavirus pandemic. 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. If you share our stories on social media, please tag us in your posts using. The Associated Press contributed to this report. 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. Lawmakers drew up a list of specific industries and estimated that there were about 30,000 small business within those industries. PPP list: Who received federal loans in Mississippi? 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. 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. 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. PAW Patrol Wasn't Canceled. 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. More than 50 individual churches received $150,000 or more. - Left Foot Forward, Frank Lloyd Wright Left 660 Unbuilt Designs And an Innovative New Project Brings Three of Those to Life - InsideHook, American Familia: David Morales on Grit, Self-Reliance, and the American Dream | Kerry McDonald - Foundation for Economic Education, Top 10 buildings in fiction - The Guardian, Trump can now count on Thiel, the hi-tech billionaire who finances his revenge Corriere.it - D1SoftballNews.com, Objectivism Q&A with Ben Bayer and Mike Mazza - New Ideal, Leftists And So-Called Christian Leaders Embrace Abortion As 'Sacred' - The Federalist, A Companion to Ayn Rand Now in Paperback - New Ideal, Happy birthday to the great Ayn Rand Daily Breeze, Randy Alcorn: Whats Wrong with America? Jared Kushner's parents' family foundation supports the school, NBC News reported. In Mississippi, nearly all 96% of loans were directed towards payrolls. var divElement = document.getElementById('viz1594157587379'); var vizElement = divElement.getElementsByTagName('object')[0]; if ( divElement.offsetWidth > 800 ) { vizElement.style.width='800px';vizElement.style.height='627px';} else if ( divElement.offsetWidth > 500 ) { vizElement.style.width='800px';vizElement.style.height='627px';} else { vizElement.style.width='100%';vizElement.style.height='727px';} var scriptElement = document.createElement('script'); scriptElement.src = 'https://public.tableau.com/javascripts/api/viz_v1.js'; vizElement.parentNode.insertBefore(scriptElement, vizElement); The data also included the demographics of borrowers, although two-thirds of the states borrowers declined to provide a gender and three-quarters declined to provide a race or ethnicity. 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. Most businesses applying for loans also did not disclose the gender of their ownership. This work is licensed under a Creative Commons Attribution-NoDerivatives 4.0 International License. On average, businesses in the state received about $7,000 per employee. - 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? 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. - 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? Industries getting the largest share of net PPP dollars were health and social assistance, professional, scientific and technical services, construction and manufacturing. 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. Cointelegraph Magazine - Cointelegraph, Get Ready for the Great Urban Comeback - The Atlantic, Q&A: Lucas Wrench of OK #1 | The-voice | tulsapeople.com - tulsapeople.com, Twitter Had A Meltdown Over What 'Red Flags' To Look Out For On a Man's Bookshelf - Junkee, There's more than one way to deliver the mail - Newsday, Before Watching HBO's The Vow, Here's What You Need to Know About the NXIVM Cult - POPSUGAR, Who Is Keith Raniere of 'The Vow' - Where Is He Now? More than 50 companies reported that the funds would help them hold onto at least 400 employees. [The full list is available on the Small Business Administration website, which you can access here.]. 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. Coronavirus stimulus: List of PPP small business loan recipients - CNBC The case was brought in Foley Square, New York and is pending. by Alex Rozier, Mississippi Today April 30, 2021, This article first appeared on Mississippi Today and is republished here under a Creative Commons license.. The SBA states that the PPP program is designed to help small businesses keep workers on payroll. The curious cult of the friend of fascism | Anthony Daniels - The Critic, Ocean City 'Jeopardy!' Almost all of that money has yet to be distributed. Central Mississippi Civic Improvement Association, Inc. Commercial and Institutional Building Construction, Seafood Product Preparation and Packaging, East Mississippi Electric Power Association. - TheArticle, Is Ethereum left and Bitcoin right? No city is better suited to serve as a hub for innovation and growth than Gulfport, Mayor Hewes writes. Mississippi PPP loan recipients: Search the full list - The Clarion-Ledger 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. There was an error and we couldn't process your subscription. Both businesses were approved to receive between $150,000 and $350,000 each. Some 3,890 Mississippi companies received PPP loans in excess of $150,000. 2023 www.clarionledger.com. John Farrell, a Republican donor and real estate developer also received a PPP loan. We do not sell or share your information with anyone. $1M - $2M: 291 Recipients. TUPELO MS PPP Loan Data 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. In addition, the data provides information regarding the sizes of participating lenders and participation by community development financial institutions, minority depository institutions, Farm Credit System institutions, fintechs and other nonbanks, and other types of lenders. Most did not respond. Alex Rozier, from New York City, is Mississippi Todays data and environment reporter. Loan Range No. 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. Clear, with a low around 41. According to the data set, these loans will allow the businesses to retain a total of 412,492 jobs. More than 40% of Black small business owners wereforced to close shop as result of the pandemic. 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. 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 average loan size is approximately $100,000, demonstrating that the program is serving the smallest of businesses, he continued. By clicking submit, you agree to share your email address with Mississippi Today. Below is a chart of the types of businesses receiving the most money in Mississippi: var divElement = document.getElementById('viz1594145011552'); var vizElement = divElement.getElementsByTagName('object')[0]; if ( divElement.offsetWidth > 800 ) { vizElement.style.width='800px';vizElement.style.height='627px';} else if ( divElement.offsetWidth > 500 ) { vizElement.style.width='800px';vizElement.style.height='627px';} else { vizElement.style.width='100%';vizElement.style.height='727px';} var scriptElement = document.createElement('script'); scriptElement.src = 'https://public.tableau.com/javascripts/api/viz_v1.js'; vizElement.parentNode.insertBefore(scriptElement, vizElement); Some Mississippi borrowers receiving between $5-$10 million in those categories include GI Associates, a gastroenterology group in Flowood, Ridgeland-based law firm Butler Snow, and two restaurant companies, Mid River Restaurants in Natchez and The Retzer Group in Greenville. Find Latest SBA PPP Loan Details Search by Business name, city, state, loan amount etc Search Loan Details 1 2 3 4 5 6 7 8 9 10 . In total, over 79,000 businesses in Mississippi have been approved for PPP loans. On average, businesses in the state received about $7,000 per employee. 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? 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. If you do not have an existing account, you can also easily register or login with an existing Google, Facebook or Apple account. Sign up for free newsletters and get more CNBC delivered to your inbox. According to DOR spokesman Jacob Manley, the agency has sent out checks to 11,905 businesses for a total of $23.6 million, which isabout a third of what the program was supposed to distribute. We believe that an informed Mississippi is a better Mississippi. Revealed: How U.S. Gov't & Hollywood Secretly Worked Together to Justify Atomic Bombings of Japan - Democracy Now! Clarification: The story has been edited to clarify that franchisees of national chains applied and received PPP loans rather than the chains corporate bodies. Several other companies, shown below, received enough in loans to pay each employee over six figures. Report it to the Small Business Administrations with just a few clicks. You can only publish select stories individually not as a collection. In Mississippi, nearly all 96% of loans were directed towards payrolls. Republish our articles for free, online or in print, under a Creative Commons license. 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. 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. We center readers in everything we do, informingand engagingMississippians through reporting, podcasts, events and online communities. - The Week, Daily Reformer: Hagehan The First Couple Of Minnesota Politics - Patch.com. Mississippi PPP loan recipients: See the full searchable list of who - the ability to be paid for posting At least eight country clubs, such as the Diamondhead Country Club and Jackson Country Club, got approved for PPP money. A total of 45,812 loans were distributed to Mississippi leading to a reported 412,461 jobs being retained. "This money helped us bridge a gap to keep people gainfully employed," the statement said. 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. The law firm said in a statement that all of its employees across 12 states kept their jobs with no pay cuts. 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. 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. The Roman Catholic dioceses in California, New York, Nevada, Tennessee and Kentucky also received loans. The Government alleged that Mr. Martinez acquired approval to issue PPP loans as a non-bank lender and earned over $70 million in lender fees. Data released on small businesses receiving PPP loans during pandemic : NPR Larger and public companies initially took advantage of loosely written language to tap the funds for themselves. Staffing companies, pipeline and electric utilities maintenance companies, heavy machinery and tire dealers, and restaurant chains all received millions. A total of 45,812 loans were distributed to Mississippi leading to a reported 412,461 jobs being retained. The Ayn Rand Institute received a loan and defended it on Twitter. Dozens of private and charter schools got aid. Mississippi PPP Fraud Attorney - John M. Colette & Associates - Men's Health, Readers Are Debating Over These 7 Books And Whether They're Deadset Red Flags When Dating Men - Pedestrian TV, 21 Quotes That Transformed My Life and My Business - The Good Men Project, In Times of Crisis, Is Dystopian Media Dangerous or Inspirational? 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. The Retzer Group, which operates McDonald's franchises, got at least $5 in PPP money. 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. Trusted Partners Your Business? ben suarez bread / joseph wiley kim burrell / list of ppp loan recipients by name california. 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. At least two casino companies and a pair of yacht clubs on the Coast received funds as well. This table shows the top 5 industries in Mississippi by number of loans awarded, with average loan amounts and number of jobs reported. of Loans Jobs Retained Skip They included Jackson Academy and Jackson Prep, which both received at least $1 million. The US government recently added a second round of $310 billion to PPP loan program. The vast majority of those companies taking part in the program some 38,035 organizations received PPP loans less than $150,000. For all loans below $150,000, SBA is releasing all of the above information except for business names and addresses. Who received PPP loans in Mississippi? - Mississippi Today 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. here 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 goal is to fund small businesses that have been economically impacted due to the coronavirus pandemic. 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. For nearly two decades, he has reported and offered analysis on government, public policy, business and matters of faith. To republish online, simply click the button, copy the html code and paste into your Content Management System (CMS). The Ayn Rand Institute, named for the objectivist writer cited as an influence on libertarian thought, was approved for $350,000 to $ 1 million. Disbursements to Mississippi businesses ranged from $100 to a $10 million loan, which went to Staff Pro LLC, an employment agency in Gulfport. - 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. In total, over 79,000 businesses in Mississippi have been approved for PPP loans. 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. PPP list: Who received federal loans in Mississippi? Those loans represent nearly three-fourths of total loan dollars approved, but a far smaller proportion of the number of actual loans. The fate of Amtraks Gulf Coast return rests with a federal board, They couldve picked Elijah Moore, but Saints drafted Payton Turner. Who will win? His work has appeared in the Boston Globe, Open Secrets, and on NBC.com. Other major law firms, such asForman Watkins & Krutz, Watkins & Eager,Brunini Grantham Grower & Hewes, and Schwartz and Associates, got millions of dollars through PPP. 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. PPP Loan Recipient List By State Mississippi - FederalPay Changs, Legal Sea Foods and Silver Diner either received PPP loans or had investors connected to the company that did. The Ayn Rand Institute received a loan and defended it on Twitter. Three Hispanic, two Asian and zero American Indian businesses reported receiving at least that amount. Here's What's Wrong With Ayn Rand's Philosophy - The Paul and Romney embarrass themselves by lashing out at trans athletes - Outsports, The rise and fall of Netflix - Spectator.co.uk, Wonder Woman 1984: Who plays the 'other' Steve Trevor? Religious groups in the state received between $53 and $80 million, spread across 80 different organizations. More than $30 billion in loans were returned overall, senior administration officials who declined to be named said Monday. 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. The overwhelming majority of owners who received PPP loans legitimately used the money to retain employees and stay operational. The released data also include information about smaller loan recipients, but excluded their names. Click hereto download Paycheck Protection Program loan data by state for loans of $150,000 and above. Narrow the list by typing in a business or city name. 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. Updated List of PPP and EIDL Loan Fraud Criminal Cases $350K - $1M: 1,107 Recipients. Several other companies, shown below, received enough in loans to pay each employee over six figures. The goal is to fund small businesses that have been economically impacted due to the coronavirus pandemic. 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. By clicking submit, you agree to share your email address with Mississippi Today. 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. Bankers, lawyers, and consultants told Business Insider that the volume of pre-approved loans will soak up the second round of funding.

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