mississippi ppp loan recipients list

We center readers in everything we do, informingand engagingMississippians through reporting, podcasts, events and online communities. 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. 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. U.S. Treasury releases listing of PPP loan recipients per state 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. 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. Bankers, lawyers, and consultants told Business Insider that the volume of pre-approved loans will soak up the second round of funding. 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. This company embraced the coronavirus economy and now it is hiring workers. We prefer Author Name, Mississippi Today in the byline. 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. PPP Loan Fraud List | Who Got a PPP Loan? - YouTube Ambassador to Tanzania. The biggest loans went toconstruction contractors such as F.L. Southern States Utility Trailer Sales Inc. Clarification: The story has been edited to clarify that franchisees of national chains applied and received PPP loans rather than the chains corporate bodies. here - 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? Mississippi - PPP Funded Companies - SBA 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. Companies said that the funding supported more than 51 million jobs. Look for the "Republish This Story" button underneath each story. According to the data set, these loans will allow the businesses to retain a total of 412,492 jobs. 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. Todays data shows that small businesses of all types and across all industries benefited from this unprecedented program. President Donald Trump signed the federal CARES Act into law in late March, sending states billions of dollars to help people impacted by the coronavirus. The PPP Loan Fraud List - PPP Fraud | Who got a PPP LOAN 2021 This work is licensed under a Creative Commons Attribution-NoDerivatives 4.0 International License. The Roman Catholic dioceses in California, New York, Nevada, Tennessee and Kentucky also received loans. Cointelegraph Magazine - Cointelegraph, Get Ready for the Great Urban Comeback - The Atlantic, Q&A: Lucas Wrench of OK #1 | The-voice | tulsapeople.com - tulsapeople.com, Twitter Had A Meltdown Over What 'Red Flags' To Look Out For On a Man's Bookshelf - Junkee, There's more than one way to deliver the mail - Newsday, Before Watching HBO's The Vow, Here's What You Need to Know About the NXIVM Cult - POPSUGAR, Who Is Keith Raniere of 'The Vow' - Where Is He Now? A handful of Mississippi's private colleges also received assistance. About 87% of the loans were for less than $150,000, according . All rights reserved. Last month, Congress passed a bill easing the terms for how businesses can use the funds and qualify for forgiveness. Transportation Secretary Elaine Chao's family's business, Foremost Maritime, got a loan valued at between $350,000 and $1 million. The federal government hassentmore than $3 billion in small business loans to Mississippi businesses and nonprofits, savinghundreds of thousands of jobs in recent months, new data shows. Enjoy! Trump on Saturday signed the extension into law. 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. Those in excess of $150,000 break down as follows: $5M - $10M: 16 Recipients. John Farrell, a Republican donor and real estate developer also received a PPP loan. At least 20 Mississippi hospitals received PPP money, with numerous dentists' and doctors' offices also getting the loans. PPP list: Who received federal loans in Mississippi? 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. Each small business was supposed to receive a $2,000 check. They included Jackson Academy and Jackson Prep, which both received at least $1 million. Your California Privacy Rights / Privacy Policy. Almost all of that money has yet to be distributed. The Ayn Rand Institute received a loan and defended it on Twitter. 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. - profiles and social posts You can only publish select stories individually not as a collection. Here's who got PPP loans in Mississippi - The Clarion-Ledger - 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. Search MS Businesses Results @lukerehmann This disclosure covers each of the 4.9 million PPP loans that have been made. Get Funding & Growth Help Get Started For Free The association said the "vast majority" of the loans originated at banks headquartered in the state. Tracking PPP: Search Every Company Approved for Federal Loans - ProPublica 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. 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. 3 On Your Side Investigates: Paycheck Protection Under Closer - WLBT World-class Experience The Skip team prides itself on giving you the attention and assistance your small business deserves. The US government recently added a second round of $310 billion to PPP loan program. - two free years of archived e-Editions Restaurant chains P.F. 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 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. The U.S. government has released a list of businesses that have received emergency pandemic loans of $150,000 or more. In Mississippi, nearly all 96% of loans were directed towards payrolls. 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. See the full searchable list of who received Mississippi PPP loans, law firm where House Speaker Philip Gunn works, Businesses with ties to Tate Reeves received loans, Your California Privacy Rights/Privacy Policy. - The Atlantic, The Fountainhead Reading Group with Andrew Bernstein - The Objective Standard, Copyright 2000 to 2023 Prometheism Transhumanism Post Humanism. - 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 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. 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. 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.. Help keep the momentum going by rejoining our member community today. 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? But of those that did, men-owned businesses receiving loans outnumbered women-owned firms by about three-to-one. Grace Pateras and Joe Harrington contributed to this story. to view this author's last article or !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: In 2020, Mississippi Today sought a Paycheck Protection Program loan, which was approved and disbursed. 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. Examining Federal Efforts to Prevent, Detect, and Prosecute Pandemic The program has about $132 billion in funding remaining. 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. 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. For example: trucking , hospice , television , Kasowitz Benson Torres , 90210 , Sole. The PPP Loan Fraud List - PPP Fraud | Who got a PPP LOAN 2021 P Mathis The Accountant 4.83K subscribers Subscribe 2.1K Share 113K views Streamed 1 year ago Are you considering applying for. 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. Many colleges have taken a financial hit after refunding students for room, board and other fees that come with attending class in-person. - The Week, Daily Reformer: Hagehan The First Couple Of Minnesota Politics - Patch.com. 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. 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. Theaters have been closed while new film releases have been delayed or pushed to streaming platforms. The U.S. government has released a list of businesses that have received emergency pandemic loans of $150,000 or more. 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. Republish our articles for free, online or in print, under a Creative Commons license. examining federal efforts to prevent, detect, and prosecute pandemic relief fraud to safeguard funds for all eligible americans 117th congress (2021-2022) Look for the "Republish This Story" button underneath each story. 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. Data on who got them was recently released after pressure from news organizations and lawmakers. In addition, the data provides information regarding the sizes of participating lenders and participation by community development financial institutions, minority depository institutions, Farm Credit System institutions, fintechs and other nonbanks, and other types of lenders. - 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? 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. The U.S. government. 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. 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. Lawmakers drew up a list of specific industries and estimated that there were about 30,000 small business within those industries. Most businesses applying for loans also did not disclose the gender of their ownership. Restaurant chains like P.F. The curious cult of the friend of fascism | Anthony Daniels - The Critic, Ocean City 'Jeopardy!' Updated List of PPP and EIDL Loan Fraud Criminal Cases We prefer Author Name, Mississippi Today in the byline. We want to hear from you. 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. The Ayn Rand Institute received a loan and defended it on Twitter. Search PPP Loan list in Mississippi It has approved 4.9 million loans for a total of more than $521 billion. In total, over 79,000 businesses in Mississippi have been approved for PPP loans. following organizations: Whoops! 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. 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. He is a frequent guest on radio and television, providing insight and commentary on the inner workings of the Magnolia State. Release from the U.S. Department of Treasury. 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. We're dedicated to keeping Mississippians informed with our thorough reporting. 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. Contact Giacomo "Jack" Bologna at 601-961-7282 or gbologna@gannett.com. Data is a real-time snapshot *Data is delayed at least 15 minutes. Internationally, South Korean airline Korean Air received a PPP loan. Several other companies, shown below, received enough in loans to pay each employee over six figures. Who will win? 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). The vast majority of those companies taking part in the program some 38,035 organizations received PPP loans less than $150,000. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. For nearly two decades, he has reported and offered analysis on government, public policy, business and matters of faith. PPP Loans List. - Science Based Medicine, O'Donnell: Will the NBA's new red-light camera calls ruin The Finals for ABC/ESPN? On average, businesses in the state received about $7,000 per employee. 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. 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. Graphics by CNBC's John Schoen. 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. Narrow the list by typing in a business or city name. All Data Obtained From the SBA. The Retzer Group, which operates McDonald's franchises, got at least $5 in PPP money. Any amount helps us keep producing quality journalism for Mississippi. 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. - 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. 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. Click hereto download Paycheck Protection Program loan data by state for loans of $150,000 and above. 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. The case was brought in Foley Square, New York and is pending. Mississippi PPP loan recipients: See the full searchable list of who Who in Mississippi got Paycheck Protection Program loans during the pandemic? - Newsweek, Objectivism Q&A with Ben Bayer and Dan Schwartz - New Ideal, Book Banning Is Wrong Unless It Gets Me Out of Helping My Kid With His Homework - The Hard Times, THE TEACHER'S DESK: Breaking the Rules | Opinion | thetimestribune.com - Times Tribune of Corbin, If Big Ten didnt just add lucrative programs like USC but trimmed stragglers, whod get the boot? You have to credit Mississippi Today. Mississippi has a total of 138,392 businesses that received Paycheck Protection Program (PPP) loans from the Small Business Administration. LEARN MORE ABOUT WHO QUALIFIES BY CLICKING HERE. More than 40% of Black small business owners wereforced to close shop as result of the pandemic. - Forward, The limits of Justice Ketanji Brown Jacksons power - Fortune, Race Across The World and Louis Theroux Interviews among new BBC Factual and Arts slate - Royal Television Society |, Fool Britannia: sloppy Tory treatise a hint of horrible things to come - Crikey, Day one at the Tory conference: Industry cries out for stability but U-turns and uncertainty continue - Building. 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 private equity firm. list of ppp loan recipients by name california The SBA released other details about the program Monday, including: The PPP's goal is to offer forgivable loans to smaller businesses, helping them to stay afloat and employees to maintain their jobs as the coronavirus puts the U.S. economy on hold. In Mississippi, nearly all 96% of loans were directed towards payrolls. Northeast wind 0 to 5 mph. Those loans disclosed represent nearly three-fourths of total loan dollars approved, but a far smaller proportion of the number of actual 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 published data now include specific amounts businesses have received, as well as the names of places that got smaller loans. Restaurant chains like P.F. 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. - Vox.com, Conservative Theologically, but Liberal Politically | Gene Veith - Patheos, Who is Jonathan Swan, the reporter who grilled Trump? The online vehicle marketplace company quadrupled its sales in just one year after beginning operation in January 2021. Below is a list of South Mississippi business that received PPP loans . John Farrell, a Republican donor and real estate developer also received a PPP 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. - 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? Niche movie theater chain Alamo Drafthouse received a loan of at least $5 million. 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. More than $4 billion in PPP loans have now made its way to Mississippi after Congress approved another round of federal support this year. Updated July 25, 2022 Search for PPP loan applications by organization, lender, zip code and business type. This is NOT a directory of companies that received a loan using SBA.com loan request service. By clicking submit, you agree to share your email address with Mississippi Today.

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