mississippi ppp loan recipients list

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. PPP Loan Search MS At least a dozen prominent investment firms obtained hundreds of thousands of dollars in assistance each, with at least two saying the money would help retain zero jobs. The Ayn Rand Institute received a loan and defended it on Twitter. At least two casino companies and a pair of yacht clubs on the Coast received funds as well. Businesses linked to Gov. Most did not respond. 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). Global Business and Financial News, Stock Quotes, and Market Data and Analysis. But the businesses reported the total when they applied for loans, and it is unclear how many of those employees stayed on the payroll. Please reload the page and try again. 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. Southern Air Conditioning & Supply Inc., where Reeves is a shareholder and Coker & Palmer, Inc., an insurance agency where his wife, Elee Reeves, is a financial advisor, were among the businesses from Mississippi that received money in the coronavirus outbreak, according to the federal government. 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. But about 3,500 Mississippi businesses that received PPP loans said they would retain zero jobs with the money. In fact, the franchise locations combined for each of McDonalds, Sonic, Applebees and General Motors received more in loans than any of the states non-franchise businesses. Internationally, South Korean airline Korean Air received a PPP loan. 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. Does something look fishy to you? 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. A spokesperson for the Agriculture Department said Perdue Inc., a trucking service, said the loan was for about $182,000 and supported 27 jobs. 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 full list is available on the Small Business Administration website, which you can access here.]. 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 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. 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. 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. Last month, Congress passed a bill easing the terms for how businesses can use the funds and qualify for forgiveness. All rights reserved. More than 50 individual churches received $150,000 or more. For PPP Loans under $150,000 in Mississippi click here. The Roman Catholic dioceses in California, New York, Nevada, Tennessee and Kentucky also received loans. Central Mississippi Civic Improvement Association, Inc. Commercial and Institutional Building Construction, Seafood Product Preparation and Packaging, East Mississippi Electric Power Association. If you share our stories on social media, please tag us in your posts using. 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). For all loans below $150,000, SBA is releasing all of the above information except for business names and addresses. Chang's China Bistro and Chop't received aid of between $5 million and $10 million. His work has appeared in the Boston Globe, Open Secrets, and on NBC.com. You can only publish select stories individually not as a collection. 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. Narrow the list by typing in a business or city name. At least eight country clubs, such as the Diamondhead Country Club and Jackson Country Club, got approved for PPP money. a proud member of the 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. We're dedicated to keeping Mississippians informed with our thorough reporting. Those loans disclosed represent nearly three-fourths of total loan dollars approved, but a far smaller proportion of the number of actual loans. Yet franchisees in Mississippi from dozens of large national chains came away with millions in loans; 28 of McDonalds locations in Mississippi, for instance, received a combined $14.8 million, despite the chain being a multinational corporation that made $4.7 billion in profit last year. PPP Loan Recipient List By State Mississippi 138,392 TOTAL PPP LOANS $5.4B TOTAL LOAN AMOUNT $39,226 AVERAGE PPP LOAN 5 AVG COMPANY SIZE Mississippi has a total of 138,392 businesses that received Paycheck Protection Program (PPP) loans from the Small Business Administration. The vast majority of those companies taking part in the program some 38,035 organizations received PPP loans less than $150,000. If you are an existing Print subscriber click HERE for your login info. 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. To republish online, simply click the button, copy the html code and paste into your Content Management System (CMS). To republish online, simply click the button, copy the html code and paste into your Content Management System (CMS). We're dedicated to keeping Mississippians informed with our thorough reporting. 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. The average loan size is approximately $100,000, demonstrating that the program is serving the smallest of businesses, he continued. The published data now include specific amounts businesses have received, as well as the names of places that got smaller loans. Based on data from National Weather Service and OpenWeather. 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. 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. There was an error and we couldn't process your subscription. - 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? The Skip team has been one of the top resources in the US for SBA-related funding and other private funding options since 2020. The US government recently added a second round of $310 billion to PPP loan program. The Clarion Ledger reached out to several companies that received at least $5 million through the program. Theaters have been closed while new film releases have been delayed or pushed to streaming platforms. Search MS Businesses Results @lukerehmann Changs, Legal Sea Foods and Silver Diner either received PPP loans or had investors connected to the company that did. 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. Almost 4,000 women-owned businesses reported receiving loans. Restaurant chains like P.F. Franks interviews, articles, and columns have been shared throughout Mississippi as well as in national publications such as the Daily Caller. 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. - TheArticle, Is Ethereum left and Bitcoin right? 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. In Mississippi, nearly all 96% of loans were directed towards payrolls. The released data also include information about smaller loan recipients, but excluded their names. 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. We do not sell or share your information with anyone. 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 Ayn Rand Institute received a loan and defended it on Twitter. The largest loans were only recorded in the data as ranges. They included Jackson Academy and Jackson Prep, which both received at least $1 million. 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. The Roman Catholic dioceses in California, New York, Nevada, Tennessee and Kentucky also received loans. 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. Narrow the list by typing in a business or city name. If youre not able to add the byline, please include a line at the top of the story that reads: This story was originally published by Mississippi Today and include our website, You cannot republish our editorial cartoons, photographs, illustrations or graphics without specific permission (contact our managing editor. A total of 45,812 loans were distributed to Mississippi leading to a reported 412,461 jobs being retained. The program is part of the Coronavirus Aid, Relief and Economic Security Act President Donald Trump signed. In Mississippi, nearly all 96% of loans were directed towards payrolls. But thousands of Magnolia State companies also got the Small Business Administration aid without promising to retain any workers. 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. - 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? Millsaps, Tougaloo and Rust colleges each receivedbetween $2 million and $5 million. 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. The U.S. government has released a list of businesses that have received emergency pandemic loans of $150,000 or more. Email Frank: frank@magnoliatribune.com. - Science Based Medicine, O'Donnell: Will the NBA's new red-light camera calls ruin The Finals for ABC/ESPN? Grace Pateras and Joe Harrington contributed to this story. LEARN MORE ABOUT WHO QUALIFIES BY CLICKING HERE. Loan Range No. - 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? To learn more about our cartoon syndication services. Borrowers are eligible for full forgiveness as long as they maintain the same level of employment and compensation for a certain period and spend most of the loan on their payroll. This is NOT a directory of companies that received a loan using SBA.com loan request service. 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. Get Funding & Growth Help Get Started For Free Grace Pateras and Joe Harrington contributed to this story. 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. - profiles and social posts Graphics by CNBC's John Schoen. So here are the links and resources I mentioned. The goal is to fund small businesses that have been economically impacted due to the coronavirus pandemic. In Mississippi, nearly all 96% of loans were directed towards payrolls. For example: trucking , hospice , television , Kasowitz Benson Torres , 90210 , Sole. PPP Small Business Relief Will Likely Not Help All. Reeves: Businesses with ties to Tate Reeves received loans. 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. A pedestrian wearing a protective mask walks past a Shake Shack restaurant in Washington, D.C., U.S., on Monday, April 20, 2020. This disclosure covers each of the 4.9 million PPP loans that have been made. to see all of their content. According to the data set, these loans will allow the businesses to retain a total of 412,492 jobs. - 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? The published data now include specific amounts businesses have received, as well as the names of places that got smaller loans. We prefer Author Name, Mississippi Today in the byline. Trump on Saturday signed the extension into law. On average, businesses in the state received about $7,000 per employee. 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. 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. If you do not have an existing account, you can also easily register or login with an existing Google, Facebook or Apple account. Search through Mississippi businesses that benefited from the Paycheck Protection Program with our database by searching below. Alex Rozier, from New York City, is Mississippi Todays data and environment reporter. Internationally, South Korean airline Korean Air received a PPP loan. 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. Below is a list of South Mississippi business that received PPP loans . 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. The SBA states that the PPP program is designed to help small businesses keep workers on payroll. Lawmakers drew up a list of specific industries and estimated that there were about 30,000 small business within those industries. Disbursements to Mississippi businesses ranged from $100 to a $10 million loan, which went to Staff Pro LLC, an employment agency in Gulfport. Get this delivered to your inbox, and more info about our products and services. A handful of Mississippi's private colleges also received assistance. - the ability to be paid for posting 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. We prefer Author Name, Mississippi Today in the byline. In Mississippi, nearly all 96% of loans were directed towards payrolls. $350K - $1M: 1,107 Recipients. Frank has served his community in both elected and appointed public office, hosted his own local radio and television programs, and managed private businesses all while being an engaged husband and father. You cant edit our stories, except to reflect relative changes in time, location and editorial style. 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. - 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. 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. The program caps forgiveness for salaries at $100,000 per employee, more than twice the states median household income. 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. 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. Several other companies, shown below, received enough in loans to pay each employee over six figures. In total, over 79,000 businesses in Mississippi have been approved for PPP loans. 2023 CNBC LLC. In total, over 79,000 businesses in Mississippi have been approved for PPP loans. Tate Reeves also got PPP money. 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? ben suarez bread / joseph wiley kim burrell / list of ppp loan recipients by name california. 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. Separately, Mississippi is in the process of distributing grants to many small businesses using federal funds it received for virus relief. Here's What's Wrong With Ayn Rand's Philosophy - The Objective Standard, Did the John Birch Society Win in the End? 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. "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. Summary of PPP Loans in Mississippi. No city is better suited to serve as a hub for innovation and growth than Gulfport, Mayor Hewes writes. Click on a company's name to see additional loan details. Rich Smith 31.3K subscribers Subscribe 110K views 1 year ago Here's a breakdown of the PPP Loan Fraud List and who got a PPP Loan. Northeast wind 0 to 5 mph. Lawmakers decided in mid-May to set aside $300 million of that money for small business owners. About 87% of the loans were for less than $150,000, according to the SBA. The jobs numbers released last week reinforced that PPP is working by keeping employees on payroll and sustaining millions of small businesses through this time.. Each small business was supposed to receive a $2,000 check. Mississippi companies reported the aid will help them retain about 412,000 jobs about one-third of the state's total workforce. The program caps forgiveness for salaries at $100,000 per employee, more than twice the states median household income.

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