The released data also include information about smaller loan recipients, but excluded their names. Last month, Congress passed a bill easing the terms for how businesses can use the funds and qualify for forgiveness. They included Jackson Academy and Jackson Prep, which both received at least $1 million. The U.S. government has released a list of businesses that have received emergency pandemic loans of $150,000 or more. Three Hispanic, two Asian and zero American Indian businesses reported receiving at least that amount. The loan data also include demographics of the borrowers, although most businesses left those fields blank. Treasury Secretary Steven Mnuchin sparked an outcry from Democratswhenheoriginallyimplied that theTrump administration would not disclose the names of participants. - 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. Email Frank: frank@magnoliatribune.com. Restaurant chains like P.F. The goal is to fund small businesses that have been economically impacted due to the coronavirus pandemic. Narrow the list by typing in a business or city name. Editorial cartoons and photo essays are not included under the Creative Commons license and therefore do not have the "Republish This Story" button option. Editorial cartoons and photo essays are not included under the Creative Commons license and therefore do not have the "Republish This Story" button option. Some 3,890 Mississippi companies received PPP loans in excess of $150,000. Both businesses were approved to receive between $150,000 and $350,000 each. The spectrum of businesses receiving PPP loans crossed . This is NOT a directory of companies that received a loan using SBA.com loan request service. Across the country, more than 660,000 businesses received $150,000 or up to the $10 million maximum from the small-business lending program. Republish our articles for free, online or in print, under a Creative Commons license. More than $30 billion in loans were returned overall, senior administration officials who declined to be named said Monday. The Ayn Rand Institute, named for the objectivist writer cited as an influence on libertarian thought, was approved for $350,000 to $ 1 million. of Loans Jobs Retained Mississippi businesses that applied for and received a loan as part of a national effort to save small companies during the coronavirus pandemic is now public information. PPP Loans List. The law firm Boies Schiller Flexner, whose chairman David Boies has represented powerful clients such as former Vice President Al Gore in the Bush v. Gore Supreme Court case, received between $5 million and $10 million. 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. Clear, with a low around 41. The US government recently added a second round of $310 billion to PPP loan program. The grant program is being overseen by the Mississippi Development Authority, which has contracted with a company to help run it. Otherwise, it carries a 1 percent interest rate and must be repaid within two years. SBA and Treasury Release Names of PPP Loan Recipients The Roman Catholic dioceses in California, New York, Nevada, Tennessee and Kentucky also received loans. 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? 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. A total of 45,812 loans were distributed to Mississippi leading to a reported 412,461 jobs being retained. Internationally, South Korean airline Korean Air received a PPP loan. 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. Several other companies, shown below, received enough in loans to pay each employee over six figures. Todays data shows that small businesses of all types and across all industries benefited from this unprecedented program. Dig Deeper: See the full searchable list of who received Mississippi PPP loans. PPP list: Who received federal loans in Mississippi? Most did not respond. 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. Some firms said they didn't receive or apply for the money they're listed as getting. PPP list: Who received federal loans in Mississippi? 3 On Your Side Investigates: Paycheck Protection Under Closer - WLBT Search through Mississippi businesses that benefited from the Paycheck Protection Program with our database by searching below. The average loan size is approximately $100,000, demonstrating that the program is serving the smallest of businesses, he continued. Rep VickyHartzler, R-Mo., on Thursday disclosed that her family's businesses received nearly $480,000. - 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? On average, businesses in the state received about $7,000 per employee. Internationally, South Korean airline Korean Air received a PPP loan. to view this author's last article or 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. Scallan said the agency is still encouraging small business owners to apply for grants at the following website: www.backtobusinessms.org. "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. 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. 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. For a full breakdown of which businesses received loans of $150,000 or more, see the tables below: !function(){"use strict";window.addEventListener("message",(function(a){if(void 0!==a.data["datawrapper-height"])for(var e in a.data["datawrapper-height"]){var t=document.getElementById("datawrapper-chart-"+e)||document.querySelector("iframe[src*='"+e+"']");t&&(t.style.height=a.data["datawrapper-height"][e]+"px")}}))}(); Disclosure: Mississippi Today sought a Paycheck Protection Program loan, which has been approved and disbursed. 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. 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. We're dedicated to keeping Mississippians informed with our thorough reporting. Mississippi companies reported the aid will help them retain about 412,000 jobs about one-third of the state's total workforce. John Farrell, a Republican donor and real estate developer also received a PPP loan. We're dedicated to keeping Mississippians informed with our thorough reporting. By clicking submit, you agree to share your email address with Mississippi Today. Posted on February 27, 2023 by laguardia airport food terminal c The U.S. government has released a list of businesses that have received emergency pandemic loans of $150,000 or more. We prefer Author Name, Mississippi Today in the byline. The goal is to fund small businesses that have been economically impacted due to the coronavirus pandemic. More than 50 individual churches received $150,000 or more. Please reload the page and try again. Franks interviews, articles, and columns have been shared throughout Mississippi as well as in national publications such as the Daily Caller. He is a frequent guest on radio and television, providing insight and commentary on the inner workings of the Magnolia State. PPP recipient list: Which companies got PPP loans? - The Business Journals 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. U.S. Imports and Bills of Lading for Franklin Corporation, U.S. Imports and Bills of Lading for Jindal Tubular USA LLC, U.S. Imports and Bills of Lading for Behold Washington, LLC, U.S. Imports and Bills of Lading for Corinthian Inc. U.S. Imports and Bills of Lading for Van Zyverden Inc. Power and Communication Line and Related Structures Construction, Professional, Scientific, and Technical Services, Household Furniture (except Wood and Metal) Manufacturing, Offices of Physicians (except Mental Health Specialists), Iron and Steel Pipe and Tube Manufacturing from Purchased Steel, Upholstered Household Furniture Manufacturing, Other Heavy and Civil Engineering Construction, Oil and Gas Pipeline and Related Structures Construction, Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance, Other Services (except Public Administration), The First, A National Banking Association, Southern Electric Corporation Of Mississippi, Administrative and Support and Waste Management and Remediation Services, Prefabricated Metal Building and Component Manufacturing. The 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. There were several errors in the database, so it's not clear whether all the companies listed received the funds. World-class Experience The Skip team prides itself on giving you the attention and assistance your small business deserves. 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. Mississippi has a total of 138,392 businesses that received Paycheck Protection Program (PPP) loans from the Small Business Administration. The Associated Press contributed to this report. TUPELO MS PPP Loan Data And what do kangaroos have to do with it? 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. Larger and public companies initially took advantage of loosely written language to tap the funds for themselves. 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. And more than 1,000 recipients apparently did not answer the question about saving jobs at all, according to the data. 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. 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 . Almost all of that money has yet to be distributed. All rights reserved. John Farrell, a Republican donor and real estate developer also received a PPP loan. You have to credit Mississippi Today. Republish our articles for free, online or in print, under a Creative Commons license. Almost 4,000 women-owned businesses reported receiving loans. Search PPP Loan List in Mississippi Small Business Administration (SBA) released a list of all the businesses their loan amount with Bank and business details. - Scuttlebutt Sailing News, Bill Maher Addressed an Eventful Political Week on Real Time - InsideHook, Letter: The rules of life are very simple - Detroit Lakes Tribune, The Banality of Putin and Xi | Yaron Brook and Elan Journo - IAI, American culture is destroying itself, and the planet, says leading activist Bill McKibben - Yahoo Philippines News, Is Discussing the Consequences of Anti-Vaccine Disinformation Fun? 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. 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 US government recently added a second round of $310 billion to PPP loan program. $150K - $350K: 2,358 Recipients. Who in Mississippi got Paycheck Protection Program loans during the pandemic? More than 40% of Black small business owners wereforced to close shop as result of the pandemic. Democrats have sought assurances that programs established to help Main Street sufficiently reach those who most need it. The woman submitted two fraudulent PPP loan applications, and was sentenced to three years of probation and ordered to pay full restitution of the fraudulently obtained loan. We do not sell or share your information with anyone. If you are an existing Print subscriber click HERE for your login info. Northeast wind 0 to 5 mph. 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. Applicants in California received the most money overall with $68.2 billion, followed by Texas at $41.1 billion and New York at $38.3 billion. - The Atlantic, The Fountainhead Reading Group with Andrew Bernstein - The Objective Standard, Copyright 2000 to 2023 Prometheism Transhumanism Post Humanism. The PPP loans are designed to keep people on the job, and can be forgiven if the funds are used on payroll and similar expenses. - The Week, Daily Reformer: Hagehan The First Couple Of Minnesota Politics - Patch.com. Todays release includes loan-level data, including business names, addresses, NAICS codes, zip codes, business type, demographic data, non-profit information, name of lender, jobs supported, and loan amount ranges as follows: These categories account for nearly 75 percent of the loan dollars approved. Separately, Mississippi is in the process of distributing grants to many small businesses using federal funds it received for virus relief. Disbursements to Mississippi businesses ranged from $100 to a $10 million loan, which went to Staff Pro LLC, an employment agency in Gulfport. a proud member of the - 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. With your help, we've gotten a lot done but we're not finished yet! "This money helped us bridge a gap to keep people gainfully employed," the statement said. While some minority-owned businesses may not have disclosed race in their application, only one Black business owner reported receiving a PPP loan worth at least $1 million. 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. According to Business Insider, you may be out of luck and too late to receive funding. Meanwhile, 78 white business owners received loans for at least $1 million. Eastern Fishing And Rental Tool Co., Inc. Support Activities for Oil and Gas Operations, All Other Professional, Scientific, and Technical Services, Motorcycle, ATV, and All Other Motor Vehicle Dealers, Grain and Field Bean Merchant Wholesalers, Specialized Freight (except Used Goods) Trucking, Long-Distance, Agriculture, Forestry, Fishing and Hunting, Lessors of Residential Buildings and Dwellings, Other Miscellaneous Durable Goods Merchant Wholesalers, Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing, Corporate, Subsidiary, and Regional Managing Offices, Colleges, Universities, and Professional Schools, Farm and Garden Machinery and Equipment Merchant Wholesalers, Plastics Material and Resin Manufacturing, Mississippi Tank And Manufacturing Company, Truck, Utility Trailer, and RV (Recreational Vehicle) Rental and Leasing, Pearl River Valley Electric Power Association, Progressive Medical Management Of Batesville, LLC, Region VII Mental Health Intellectual Disabilities Commission, Outpatient Mental Health and Substance Abuse Centers, Supermarkets and Other Grocery (except Convenience) Stores, Gasoline Stations with Convenience Stores.
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