mississippi ppp loan recipients list

Below is a list of South Mississippi business that received PPP loans . Each small business was supposed to receive a $2,000 check. Internationally, South Korean airline Korean Air received a PPP loan. In Mississippi, nearly all 96% of loans were directed towards payrolls. We do not sell or share your information with anyone. By joining our newsletter, you are confirming that you agree with the Privacy Policy, Frank Corder is a native of Pascagoula. Who in Mississippi got Paycheck Protection Program loans during the pandemic? 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. Ruth's Hospitality Group, which owns the Ruth's Chris Steak House chain, AutoNationand ShakeShack are among those that took out PPP loans. If you share our stories on social media, please tag us in your posts using. Industries getting the largest share of net PPP dollars were health and social assistance, professional, scientific and technical services, construction and manufacturing. 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. The Roman Catholic dioceses in California, New York, Nevada, Tennessee and Kentucky also received loans. 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. CNBC's Kate Rogers, Betsy Spring, Kevin Breuninger and Kayla Tausche contributed to this report. Get this delivered to your inbox, and more info about our products and services. - 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? Companies applying had to show that "economic uncertainty makes this loan request necessary to support the ongoing operations" of the company, as well as an inability "to access other sources of liquidity, according to the SBA. Changs, Legal Sea Foods and Silver Diner either received PPP loans or had investors connected to the company that did. 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. Narrow the list by typing in a business or city name. Help us crowdsource fraud detection in the PPP program! Those loans 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. In Mississippi, nearly all 96% of loans were directed towards payrolls. On July 6, 2020, the federal government released the names of 45,815 companies and organizations in Mississippi that received Paycheck Protection Program (PPP) loans, which were designed to keep the economy afloat during the coronavirus. This company embraced the coronavirus economy and now it is hiring workers. - The Guardian, Shaker Heights actors to star in Zoom play: Press Run - cleveland.com, Masking Authoritarianism In The Name Of Public Health - CodeBlue, The Federal Reserve Works Best When It Sticks With Gold - Forbes, Government Grants Loan to Libertarian-Based Ayn Rand Institute - The Great Courses Daily News, Rest of the Story, Pandemic Edition : Planet Money - NPR, Law of Integrity the Joke's on Us - India Legal, No. He is a frequent guest on radio and television, providing insight and commentary on the inner workings of the Magnolia State. - Fillmore County Journal, Why Are Members of Congress Allowed to Trade Stocks? Last month, Congress passed a bill easing the terms for how businesses can use the funds and qualify for forgiveness. - 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? It has approved 4.9 million loans for a total of more than $521 billion. At least 20 Mississippi hospitals received PPP money, with numerous dentists' and doctors' offices also getting the loans. All Data Obtained From the SBA. 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 published data now include specific amounts businesses have received, as well as the names of places that got smaller loans. We center readers in everything we do, informingand engagingMississippians through reporting, podcasts, events and online communities. Read more. The program caps forgiveness for salaries at $100,000 per employee, more than twice the states median household income. 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. 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. - 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. The program has about $132 billion in funding remaining. 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. 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. $350K - $1M: 1,107 Recipients. World-class Experience The Skip team prides itself on giving you the attention and assistance your small business deserves. A spokesperson for the Agriculture Department said Perdue Inc., a trucking service, said the loan was for about $182,000 and supported 27 jobs. 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. There were several errors in the database, so it's not clear whether all the companies listed received the funds. Does something look fishy to you? We prefer Author Name, Mississippi Today in the byline. Separately, Mississippi is in the process of distributing grants to many small businesses using federal funds it received for virus relief. Revealed: How U.S. Gov't & Hollywood Secretly Worked Together to Justify Atomic Bombings of Japan - Democracy Now! Democrats have sought assurances that programs established to help Main Street sufficiently reach those who most need it. 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. The Ayn Rand Institute received a loan and defended it on Twitter. Narrow the list by typing in a business or city name. Internationally, South Korean airline Korean Air received a PPP loan. to see all of their content. There was an error and we couldn't process your subscription. Religious groups in the state received between $53 and $80 million, spread across 80 different organizations. Search through Mississippi businesses that benefited from the Paycheck Protection Program with our database by searching below. 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. following organizations: Whoops! Based on data from National Weather Service and OpenWeather. Disbursements to Mississippi businesses ranged from $100 to a $10 million loan, which went to Staff Pro LLC, an employment agency in Gulfport. In Mississippi, nearly all 96% of loans were directed towards payrolls. Businesses linked to Gov. 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. Larger and public companies initially took advantage of loosely written language to tap the funds for themselves. a proud member of the How's the return to office going? The overwhelming majority of owners who received PPP loans legitimately used the money to retain employees and stay operational. The average loan size is approximately $100,000, demonstrating that the program is serving the smallest of businesses, he continued. We're dedicated to keeping Mississippians informed with our thorough reporting. Grace Pateras and Joe Harrington contributed to this story. Right place at the right time: freeports model gives fillip to St Helens regeneration scheme - The Guardian, Reflections from London on the queen's life and death - Baptist News Global, Editorial: NH voters, beware of radical threat on ballot - Valley News, 10 Wednesday AM Reads - The Big Picture - Barry Ritholtz, Opinion: Renewables are great and all, but who'll pay when they fail? - 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? Contact Giacomo "Jack" Bologna at 601-961-7282 or gbologna@gannett.com. More than 45,000 loans worth nearly $3.2 billion were approved in Mississippi by the Small Business Administration, according to Mississippi Bankers Association. 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. At least two casino companies and a pair of yacht clubs on the Coast received funds as well. This work is licensed under a Creative Commons Attribution-NoDerivatives 4.0 International License. If you do not have an existing account, you can also easily register or login with an existing Google, Facebook or Apple account. 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 searchable database of federal 2020 Paycheck Protection Program loans. To republish online, simply click the button, copy the html code and paste into your Content Management System (CMS). The average amount was about $69,000, the lowest in the country. The released data also include information about smaller loan recipients, but excluded their names. - The Week, Daily Reformer: Hagehan The First Couple Of Minnesota Politics - Patch.com. More than $30 billion in loans were returned overall, senior administration officials who declined to be named said Monday. The U.S. government has released a list of businesses that have received emergency pandemic loans of $150,000 or more. 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, Copyright 2000 to 2023 Prometheism Transhumanism Post Humanism | Prometheism | Euvolution | Pierre Teilhard De Chardin, 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. Clarification: The story has been edited to clarify that franchisees of national chains applied and received PPP loans rather than the chains corporate bodies. Narrow the list by typing in a business or city name. His work has appeared in the Boston Globe, Open Secrets, and on NBC.com. 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? Treasury Secretary Steven Mnuchin sparked an outcry from Democratswhenheoriginallyimplied that theTrump administration would not disclose the names of participants. - profiles and social posts a proud member of the following organizations: Whoops! 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. The Ayn Rand Institute received a loan and defended it on Twitter. On average, businesses in the state received about $7,000 per employee. 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. Any amount helps us keep producing quality journalism for Mississippi. The goal is to fund small businesses that have been economically impacted due to the coronavirus pandemic. Aaron E. Henry Community Health Services Center, Inc. Administration of Urban Planning and Community and Rural Development, Iron and Steel Mills and Ferroalloy Manufacturing, Construction, Mining, and Forestry Machinery and Equipment Rental and Leasing, Automotive Body, Paint, and Interior Repair and Maintenance, Asphalt Paving Mixture and Block Manufacturing, Wine and Distilled Alcoholic Beverage Merchant Wholesalers, Administrative Management and General Management Consulting Services, Manufactured Home (Mobile Home) Manufacturing, Promoters of Performing Arts, Sports, and Similar Events without Facilities, Oil and Gas Field Machinery and Equipment Manufacturing, Other Support Activities for Air Transportation, Cowboy Maloney Appliance, Audio, VIdeo Centers, Inc. examining federal efforts to prevent, detect, and prosecute pandemic relief fraud to safeguard funds for all eligible americans 117th congress (2021-2022) It further contains data showing the reach of the program in underserved communities, rural communities, historically underutilized business zones (HUBZones), and participation by religious, grantmaking, civil, professional, and other similar organizations. Clear, with a low around 41. There is further data we're working on for the loans under $150k however so check back in the future for that. - TheArticle, Is Ethereum left and Bitcoin right? 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. Keep this news free and accessible to all by becoming a member and giving a recurring donation of any amount today. 2023 www.clarionledger.com. Please reload the page and try again. The Small Business Administration has released a list of businesses that have received emergency pandemic. Graphics by CNBC's John Schoen. A total of 45,812 loans were distributed to Mississippi leading to a reported 412,461 jobs being retained. Niche movie theater chain Alamo Drafthouse received a loan of at least $5 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. If you are an existing Print subscriber click HERE for your login info. A total of 45,812 loans were distributed to Mississippi leading to a reported 412,461 jobs being retained. We do not sell or share your information with anyone. Otherwise, it carries a 1 percent interest rate and must be repaid within two years. If you share our stories on social media, please tag us in your posts using. The online vehicle marketplace company quadrupled its sales in just one year after beginning operation in January 2021. The U.S. Treasury Department released the names of 650,000 businesses that received loans of $150,000 or more on Monday as part of the Paycheck Protection Program (PPP) designed to help small businesses, including nearly 4,000 in Mississippi. The goal is to fund small businesses that have been economically impacted due to the coronavirus pandemic. by Alex Rozier, Mississippi Today July 7, 2020, This and is republished here under a Creative Commons license.. And what do kangaroos have to do with it? 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. - The Atlantic, The Fountainhead Reading Group with Andrew Bernstein - The Objective Standard, Copyright 2000 to 2023 Prometheism Transhumanism Post Humanism. Central Mississippi Civic Improvement Association, Inc. Commercial and Institutional Building Construction, Seafood Product Preparation and Packaging, East Mississippi Electric Power Association. But of those that did, men-owned businesses receiving loans outnumbered women-owned firms by about three-to-one. - South Carolina Public Radio, Boris Johnsons Covid bravado insults the NHS and the public - The Guardian, The criticism facing Rishi Sunak has nothing to do with race, and all to do with greed - iNews, Aaron Rodgers Loves Ayn Rand's Atlas Shrugged and We're Not Shocked - Esquire, Boris Johnson and the woeful and costly Tory war on woke - The Japan Times, Has the Great Barrington Declaration been vindicated? A former Mississippi prison guard has been sentenced to three years of probation for COVID relief fraud. 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. 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. 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. - the ability to be paid for posting All rights reserved. John Farrell, a Republican donor and real estate developer also received a PPP loan. 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. 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 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. | 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? Click on a company's name to see additional loan details. Summary of PPP Loans in Mississippi. Wochit. Sign up for free newsletters and get more CNBC delivered to your inbox. Those in excess of $150,000 break down as follows: $5M - $10M: 16 Recipients. Those loans represent nearly three-fourths of total loan dollars approved, but a far smaller proportion of the number of actual loans. Lawmakers have also pushed to find out if politicians or their families' have taken on funds from the program. You can only publish select stories individually not as a collection. 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. Please reload the page and try again. 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. Rep VickyHartzler, R-Mo., on Thursday disclosed that her family's businesses received nearly $480,000. You can only publish select stories individually not as a collection. More than 50 individual churches received $150,000 or more. Help keep the momentum going by rejoining our member community today. - 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? 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. In 2019, Alex was a grantee through the Pulitzer Centers Connected Coastlines program, which supported his coverage around the impact of climate change on Mississippi fisheries. "The CARES Act was an umbrella act that distributed tons of money. Why PPP Loan Recipients in Mississippi Could Be at Risk The US government recently added a second round of $310 billion to PPP loan program. This disclosure covers each of the 4.9 million PPP loans that have been made. - 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. 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. 2023 CNBC LLC. You gain access to: Companies that maintain most of their payroll through the span of the loan may convert those funds into a grant. 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. This work is licensed under a Creative Commons Attribution-NoDerivatives 4.0 International License. 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. There was an error and we couldn't process your subscription. Republish our articles for free, online or in print, under a Creative Commons license. While many companies did not provide demographic information, the data suggests the vast majority of money went to white-owned businesses. LEARN MORE ABOUT WHO QUALIFIES BY CLICKING HERE. With your help, we've gotten a lot done but we're not finished yet! Medical businessessuffered deep revenue losses during the pandemic as normal lucrative procedures and treatments were put on pause to handle the virus. Most businesses applying for loans also did not disclose the gender of their ownership. Any web site our stories appear on must include a contact for your organization. Data is a real-time snapshot *Data is delayed at least 15 minutes. MDA Spokeswoman Melissa Scallan said MDA is currently reviewing applications and could be issuing checks as early as this week or next week. 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.

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