mississippi ppp loan recipients list

Internationally, South Korean airline Korean Air received a PPP loan. 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. Wochit. 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 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. 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. - 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? PPP loans helped businesses retain nearly 48,000 employees in our state. 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. Summary of PPP Loans in Mississippi. The program is part of the Coronavirus Aid, Relief and Economic Security Act President Donald Trump signed. 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 goal is to fund small businesses that have been economically impacted due to the coronavirus pandemic. Search through Mississippi businesses that benefited from the Paycheck Protection Program with our database by searching below. 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. Included in the data were car dealerships, nonprofit organizations, churches, oil and gas industry support companies, medical practices, zoos, law firms, and colleges. Help keep the momentum going by rejoining our member community today. 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. His work has appeared in the Boston Globe, Open Secrets, and on NBC.com. Get this delivered to your inbox, and more info about our products and services. - The Bulwark, Members Outspoken on The Left's Priorities - AMAC - The Association of Mature American Citizens - AMAC, diSConnected: Is Ayn Rand or Mother Teresa better for protecting South Carolinians with disabilities? Otherwise, it carries a 1 percent interest rate and must be repaid within two years. Get Funding & Growth Help Get Started For Free For nearly two decades, he has reported and offered analysis on government, public policy, business and matters of faith. We center readers in everything we do, informingand engagingMississippians through reporting, podcasts, events and online communities. The loan amount is based on the number of employees and average payroll costs, and while at least 60% of the loan must be used for payroll, the other 40% can be used for interest on mortgages, rent and utilities. For example: trucking , hospice , television , Kasowitz Benson Torres , 90210 , Sole. 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. - 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. PPP list: Who received federal loans in Mississippi? The spectrum of businesses receiving PPP loans crossed . 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. PPP Small Business Relief Will Likely Not Help All. Those loans disclosed represent nearly three-fourths of total loan dollars approved, but a far smaller proportion of the number of actual loans. 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. It has approved 4.9 million loans for a total of more than $521 billion. to view this author's last article or 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. Search through Mississippi businesses that benefited from the Paycheck Protection Program with our database by searching below. Several other companies, shown below, received enough in loans to pay each employee over six figures. Industries getting the largest share of net PPP dollars were health and social assistance, professional, scientific and technical services, construction and manufacturing. The program caps forgiveness for salaries at $100,000 per employee, more than twice the states median household income. Dozens of private and charter schools got aid. 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. - South Carolina Public Radio, Did the John Birch Society Win in the End? You can search the SBA's entire PPP loan data below. - 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. More than $4 billion in PPP loans have now made its way to Mississippi after Congress approved another round of federal support this year. This is NOT a directory of companies that received a loan using SBA.com loan request service. Loan Range No. 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). Narrow the list by typing in a business or city name. $150K - $350K: 2,358 Recipients. 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). A spokesperson for the Agriculture Department said Perdue Inc., a trucking service, said the loan was for about $182,000 and supported 27 jobs. 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 largest loans were only recorded in the data as ranges. Graphics by CNBC's John Schoen. For PPP Loans under $150,000 in Mississippi click here. 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. John Farrell, a Republican donor and real estate developer also received a PPP loan. Of the Mississippi businesses that did answer, 75 percent were male, and 83 percent were white. by Alex Rozier, Mississippi Today July 7, 2020, This article first appeared on Mississippi Today and is republished here under a Creative Commons license.. 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. 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. We are particularly pleased that 27% of the programs reach in low and moderate income communities which is in proportion to percentage of population in these areas. Grace Pateras and Joe Harrington contributed to this story. Clear, with a low around 41. Below is a list of South Mississippi business that received PPP loans . In Mississippi, nearly all 96% of loans were directed towards payrolls. Disbursements to Mississippi businesses ranged from $100 to a $10 million loan, which went to Staff Pro LLC, an employment agency in Gulfport. 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. Examining Federal Efforts to Prevent, Detect, and Prosecute Pandemic 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. 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. Bankers, lawyers, and consultants told Business Insider that the volume of pre-approved loans will soak up the second round of funding. PPP Loans List. Clarification: The story has been edited to clarify that franchisees of national chains applied and received PPP loans rather than the chains corporate bodies. Bienville Orthopaedic Specialists, L.L.C. Wochit. SBA and Treasury Release Names of PPP Loan Recipients The case was brought in Foley Square, New York and is pending. "The CARES Act was an umbrella act that distributed tons of money. A total of 45,812 loans were distributed to Mississippi leading to a reported 412,461 jobs being retained. Businesses who qualified hair salons, gyms, certain retail stores and many others were supposed to be sent the $2,000 check automatically. The program has about $132 billion in funding remaining. Any web site our stories appear on must include a contact for your organization. The Trump administration on Monday disclosed the names of many small businesses which received loans under a program intended to blunt the economic damage from the coronavirus pandemic. The Ayn Rand Institute received a loan and defended it on Twitter. Why PPP Loan Recipients in Mississippi Could Be at Risk They and many more companies ultimately returned the money after public outcry. St. Andrew's Episcopal Day School in Ridgeland got at least $2 million. Chang's China Bistro and Chop't received aid of between $5 million and $10 million. The Ayn Rand Institute received a loan and defended it on Twitter. 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. 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. 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. 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. 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 Ayn Rand Institute received a loan and defended it on Twitter. Our stories may appear on pages with ads, but not ads specifically sold against our stories. There is further data we're working on for the loans under $150k however so check back in the future for that. Franks interviews, articles, and columns have been shared throughout Mississippi as well as in national publications such as the Daily Caller. We do not sell or share your information with anyone. 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. 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. 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. Data is a real-time snapshot *Data is delayed at least 15 minutes. Here's What's Wrong With Ayn Rand's Philosophy - The Objective Standard, Did the John Birch Society Win in the End? Crane & Sons, as well as furniture manufacturers like Max Home, in Fulton. See PPP Loans Recipients In Mississippi To learn more about our cartoon syndication services. Look for the "Republish This Story" button underneath each story. Here's who got PPP loans in Mississippi - The Clarion-Ledger 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. Based on data from National Weather Service and OpenWeather. to see all of their content. Secret IRS data shows it's paying off - Salon, Heres hoping this USC/UCLA-Big Ten merger careens off the track, crashes and burns | Jones - PennLive, LETTER: Thank cadre deployment and BEE for the mess - BusinessLIVE, Why The Racist Left Smears Clarence Thomas As An 'Angry Black Man' - The Federalist, This Is the Most Important Decision You Can Make To Increase Sales Right Now! The company is investing $2.4 million in their Mississippi operation and adding 32 new jobs. The data release also includes overall statistics regarding dollars lent per state, loan amounts, top lenders, and distribution by industry. The Paycheck Protection Program loans were doled out as the coronavirus pandemic shuttered the U.S. economy. Millsaps, Tougaloo and Rust colleges each receivedbetween $2 million and $5 million. Search MS Businesses Results @lukerehmann $1M - $2M: 291 Recipients. 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. - and much more! Restaurant chains like P.F. How's the return to office going? In Mississippi, nearly all 96% of loans were directed towards payrolls. In Mississippi, nearly all 96% of loans were directed towards payrolls. All rights reserved. Changs, Legal Sea Foods and Silver Diner either received PPP loans or had investors connected to the company that did. So here are the links and resources I mentioned. The Roman Catholic dioceses in California, New York, Nevada, Tennessee and Kentucky also received loans. Search through Mississippi businesses that benefited from the Paycheck Protection Program with our database by searching below. Treasury Secretary Steven Mnuchin sparked an outcry from Democratswhenheoriginallyimplied that theTrump administration would not disclose the names of participants. 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. 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. The US government recently added a second round of $310 billion to PPP loan program. The U.S. government has released a list of businesses that have received emergency pandemic loans of $150,000 or more. 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. All Rights Reserved. On average, businesses in the state received about $7,000 per employee. Credit: Eric J. Shelton/Mississippi Today, If you are an existing Print subscriber click. Those in excess of $150,000 break down as follows: $5M - $10M: 16 Recipients. Search PPP Loan list in Mississippi 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. With your help, we've gotten a lot done but we're not finished yet! The U.S. government has released a list of businesses that have received emergency pandemic loans of $150,000 or more. Updated List of PPP and EIDL Loan Fraud Criminal Cases PAW Patrol Wasn't Canceled. 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. PPP Loan Fraud List | Who Got a PPP Loan? - YouTube This table shows the top 5 industries in Mississippi by number of loans awarded, with average loan amounts and number of jobs reported. But the businesses reported the total when they applied for loans, and it is unclear how many of those employees stayed on the payroll. Internationally, South Korean airline Korean Air received a PPP loan. The bill Congress passed to replenish the program in April included $60 billion specifically for small lenders in response to concerns about businesses without a traditional banking relationship accessing loans. You cant edit our stories, except to reflect relative changes in time, location and editorial style. All rights reserved. - 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 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. Click PPP Loan Recipient List By State Mississippi - FederalPay After those funds quickly ran out, the government replenished the program with an additional $310 billion. Jared Kushner's parents' family foundation supports the school, NBC News reported. A Division of NBCUniversal. Restaurant chains like P.F. Our SBA database unveils list of 6.6M recipients Enlarge The SBA PPP loan recipient list includes more than 11.7 million loans made in the nearly $800 billion Covid-19 relief program. 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. - two free years of archived e-Editions 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. 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. On average, businesses in the state received about $7,000 per employee. Coronavirus stimulus: List of PPP small business loan recipients - CNBC 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. By industry: All rights reserved. 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. 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. 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. 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. Ruth's Hospitality Group, which owns the Ruth's Chris Steak House chain, AutoNationand ShakeShack are among those that took out PPP loans. 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. 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 Mississippi Department of Revenue is in charge of distributing $60 million to businesses that were forced to close by the governor's orders. 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. 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. $341 Million in PPP Fraud So Far, and Counting - Small Business Trends A total of 45,812 loans were distributed to Mississippi leading to a reported 412,461 jobs being retained. Mississippi PPP loan recipients: See the full searchable list of who The goal is to fund small businesses that have been economically impacted due to the coronavirus pandemic. ben suarez bread / joseph wiley kim burrell / list of ppp loan recipients by name california. TUPELO MS PPP Loan Data Some 3,890 Mississippi companies received PPP loans in excess of $150,000. The U.S. government has released a list of businesses that have received emergency pandemic loans of $150,000 or more. 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? 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? Internationally, South Korean airline Korean Air received a PPP loan. Northeast wind 0 to 5 mph. But of those that did, white-owned businesses in the state outnumbered all others that got money combined including Black, Hispanic, Asian and American Indian businesses by a five-to-one margin. 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. For the most part, Mississippis recipients were small individual businesses over 80% reported 10 or fewer employees, and only 1% were part of a franchise. 3 On Your Side Investigates: Paycheck Protection Under Closer - WLBT So did theLos Angeles Lakers. Help keep the momentum going by rejoining our member community today. Editorial cartoons and photo essays are not included under the Creative Commons license and therefore do not have the "Republish This Story" button option. 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.