mississippi ppp loan recipients list mississippi ppp loan recipients list

It has approved 4.9 million loans for a total of more than $521 billion. There was an error and we couldn't process your subscription. Central Mississippi Civic Improvement Association, Inc. Commercial and Institutional Building Construction, Seafood Product Preparation and Packaging, East Mississippi Electric Power Association. PPP Small Business Relief Will Likely Not Help All. Businesses linked to Gov. 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. The Retzer Group, which operates McDonald's franchises, got at least $5 in PPP money. 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. By industry: To republish online, simply click the button, copy the html code and paste into your Content Management System (CMS). Chang's China Bistro and Chop't received aid of between $5 million and $10 million. 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. MDA Spokeswoman Melissa Scallan said MDA is currently reviewing applications and could be issuing checks as early as this week or next week. The law firm where House Speaker Philip Gunn works, Wells Marble & Hurst, received between $350,000 and $1 million. Other loans went topolitically connected law firms such as Butler Snow, religious organizations including the state's Catholic dioceses, and private schools such as Jackson Prep. - South Carolina Public Radio, Boris Johnsons Covid bravado insults the NHS and the public - The Guardian, The criticism facing Rishi Sunak has nothing to do with race, and all to do with greed - iNews, Aaron Rodgers Loves Ayn Rand's Atlas Shrugged and We're Not Shocked - Esquire, Boris Johnson and the woeful and costly Tory war on woke - The Japan Times, Has the Great Barrington Declaration been vindicated? Dig Deeper: See the full searchable list of who received Mississippi PPP loans. Some firms said they didn't receive or apply for the money they're listed as getting. Get Funding & Growth Help Get Started For Free 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. 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. More than 45,000 loans worth nearly $3.2 billion were approved in Mississippi by the Small Business Administration, according to Mississippi Bankers Association. Search through Mississippi businesses that benefited from the Paycheck Protection Program with our database by searching below. 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. 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. Across the country, more than 660,000 businesses received $150,000 or up to the $10 million maximum from the small-business lending program. Does something look fishy to you? 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? 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. A spokesperson for the Agriculture Department said Perdue Inc., a trucking service, said the loan was for about $182,000 and supported 27 jobs. For nearly two decades, he has reported and offered analysis on government, public policy, business and matters of faith. Across the country, more than 660,000 businesses received $150,000 or up to the $10 million maximum from the small-business lending program. 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. While many companies did not provide demographic information, the data suggests the vast majority of money went to white-owned businesses. 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. Companies said that the funding supported more than 51 million jobs. PAW Patrol Wasn't Canceled. We believe that an informed Mississippi is a better Mississippi. We do not sell or share your information with anyone. Bienville Orthopaedic Specialists, L.L.C. The fate of Amtraks Gulf Coast return rests with a federal board, They couldve picked Elijah Moore, but Saints drafted Payton Turner. 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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. Report it to the Small Business Administrations with just a few clicks. "This money helped us bridge a gap to keep people gainfully employed," the statement said. The US government recently added a second round of $310 billion to PPP loan program. 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. Loan Range No. 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. Any web site our stories appear on must include a contact for your organization. Any web site our stories appear on must include a contact for your organization. - TheArticle, Is Ethereum left and Bitcoin right? John Farrell, a Republican donor and real estate developer also received a PPP loan. Almost 4,000 women-owned businesses reported receiving loans. The Treasury and SBA later reversed course, saying they woulddisclose names and other details about businesses that took PPP loans of $150,000 and above. Clear, with a low around 41. Based on data from National Weather Service and OpenWeather. While the aim of the program was to aid ailing companies with less than 500 employees, its effectiveness has remained unclear. Republish our articles for free, online or in print, under a Creative Commons license. A former Mississippi prison guard has been sentenced to three years of probation for COVID relief fraud. The largest loans were only recorded in the data as ranges. With your help, we've gotten a lot done but we're not finished yet! 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. 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. Read more. 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. They and many more companies ultimately returned the money after public outcry. The goal is to fund small businesses that have been economically impacted due to the coronavirus pandemic. here Email Frank: frank@magnoliatribune.com. Disbursements to Mississippi businesses ranged from $100 to a $10 million loan, which went to Staff Pro LLC, an employment agency in Gulfport. 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. We center readers in everything we do, informingand engagingMississippians through reporting, podcasts, events and online communities. The published data now include specific amounts businesses have received, as well as the names of places that got smaller loans. The Paycheck Protection Program loans were doled out as the coronavirus pandemic shuttered the U.S. economy. Otherwise, it carries a 1 percent interest rate and must be repaid within two years. Restaurant chains like P.F. Keep this news free and accessible to all by becoming a member and giving a recurring donation of any amount today. 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. Any amount helps us keep producing quality journalism for Mississippi. 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. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. In Mississippi, 17 businesses received loans between $5-$10 million, the highest range of funding. Help keep the momentum going by rejoining our member community today. Enjoy! - 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? 2023 Magnolia Tribune. Most businesses applying for loans also did not disclose the gender of their ownership. Trusted Partners Your Business? 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. 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. 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. Restaurant chains P.F. This is NOT a directory of companies that received a loan using SBA.com loan request service. You have to credit Mississippi Today. The Ayn Rand Institute received a loan and defended it on Twitter. We prefer Author Name, Mississippi Today in the byline. ben suarez bread / joseph wiley kim burrell / list of ppp loan recipients by name california. The curious cult of the friend of fascism | Anthony Daniels - The Critic, Ocean City 'Jeopardy!' 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. 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. We want to hear from you. On average, businesses in the state received about $7,000 per employee. 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. Mississippi has a total of 138,392 businesses that received Paycheck Protection Program (PPP) loans from the Small Business Administration. A handful of Mississippi's private colleges also received assistance. On average, businesses in the state received about $7,000 per employee. 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. Grace Pateras and Joe Harrington contributed to this story. Your California Privacy Rights / Privacy Policy. In total, over 79,000 businesses in Mississippi have been approved for PPP loans. Click The data only identifies companies with loans worth more than $150,000. 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 . 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. Some 3,890 Mississippi companies received PPP loans in excess of $150,000. Jared Kushner's parents' family foundation supports the school, NBC News reported. Please reload the page and try again. 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. Look for the "Republish This Story" button underneath each story. Millsaps, Tougaloo and Rust colleges each receivedbetween $2 million and $5 million. You have to credit Mississippi Today. All rights reserved. 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. Tate Reeves also got PPP money. In Mississippi, nearly all 96% of loans were directed towards payrolls. All rights reserved. The Skip team has been one of the top resources in the US for SBA-related funding and other private funding options since 2020. - 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? In total, Mississippi businesses received between $2.5 billion and $4.4 billion in loans, spread across 45,000 recipients loans of $150,000 or larger are only disclosed in ranges. - Noozhawk, Happy birthday to the great Ayn Rand - OCRegister, Letter to the editor about Clowns to the left of me, jokers to the right. 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). Help keep the momentum going by rejoining our member community today. Any amount helps us keep producing quality journalism for Mississippi. 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? The online vehicle marketplace company quadrupled its sales in just one year after beginning operation in January 2021. Companies that maintain most of their payroll through the span of the loan may convert those funds into a grant. Lawmakers drew up a list of specific industries and estimated that there were about 30,000 small business within those industries. Help us crowdsource fraud detection in the PPP program! 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. How's the return to office going? Gov. So did theLos Angeles Lakers. Otherwise, it carries a 1 percent interest rate and must be repaid within two years. For PPP Loans under $150,000 in Mississippi click here. His work has appeared in the Boston Globe, Open Secrets, and on NBC.com. 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. Franks interviews, articles, and columns have been shared throughout Mississippi as well as in national publications such as the Daily Caller. In 2019, Alex was a grantee through the Pulitzer Centers Connected Coastlines program, which supported his coverage around the impact of climate change on Mississippi fisheries. 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. We're dedicated to keeping Mississippians informed with our thorough reporting. We prefer Author Name, Mississippi Today in the byline. By clicking submit, you agree to share your email address with Mississippi Today. 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. Assisted Living Facilities for the Elderly, Fabricated Structural Metal Manufacturing, Plumbing, Heating, and Air-Conditioning Contractors, Other Commercial and Industrial Machinery and Equipment Rental and Leasing, Yalobusha General Hospital And Nursing Home, Electrical Contractors and Other Wiring Installation Contractors. About 87% of the loans were for less than $150,000, according to the SBA. 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. 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 company embraced the coronavirus economy and now it is hiring workers. Wochit. 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. Those loans represent nearly three-fourths of total loan dollars approved, but a far smaller proportion of the number of actual loans. 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. Crane & Sons, as well as furniture manufacturers like Max Home, in Fulton. By clicking submit, you agree to share your email address with Mississippi Today. The goal is to fund small businesses that have been economically impacted due to the coronavirus pandemic. If you do not have an existing account, you can also easily register or login with an existing Google, Facebook or Apple account. 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. 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. Rep VickyHartzler, R-Mo., on Thursday disclosed that her family's businesses received nearly $480,000. You can only publish select stories individually not as a collection. 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. Republish our articles for free, online or in print, under a Creative Commons license. Of the Mississippi businesses that did answer, 75 percent were male, and 83 percent were white. On average, businesses in the state received about $7,000 per employee. After those funds quickly ran out, the government replenished the program with an additional $310 billion. CNBC's Kate Rogers, Betsy Spring, Kevin Breuninger and Kayla Tausche contributed to this report. - two free years of archived e-Editions 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. At least 20 Mississippi hospitals received PPP money, with numerous dentists' and doctors' offices also getting the loans. - 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? Todays data shows that small businesses of all types and across all industries benefited from this unprecedented program. Clarification: The story has been edited to clarify that franchisees of national chains applied and received PPP loans rather than the chains corporate bodies. Who will win? "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. Copyright 2022 PPP Directory. 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. If you share our stories on social media, please tag us in your posts using. 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. The Associated Press contributed to this report. - 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? Changs, Legal Sea Foods and Silver Diner either received PPP loans or had investors connected to the company that did. We do not sell or share your information with anyone. Search through Mississippi businesses that benefited from the Paycheck Protection Program with our database by searching below. Bankers, lawyers, and consultants told Business Insider that the volume of pre-approved loans will soak up the second round of funding. Dozens of private and charter schools got aid. To learn more about our cartoon syndication services. St. Andrew's Episcopal Day School in Ridgeland got at least $2 million. 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? 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. 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. !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. The overwhelming majority of owners who received PPP loans legitimately used the money to retain employees and stay operational. 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. examining federal efforts to prevent, detect, and prosecute pandemic relief fraud to safeguard funds for all eligible americans 117th congress (2021-2022) 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. The program was initially rolled out in April, offering $349 billion to small businesses. On average, businesses in the state received about $7,000 per employee. $2M - $5M: 118 Recipients. 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. Lawmakers have also pushed to find out if politicians or their families' have taken on funds from the program. In total, over 79,000 businesses in Mississippi have been approved for PPP loans. The biggest loans went toconstruction contractors such as F.L. - Federal Regulations Advisor, The Daily Cartoon and Live Briefing: Monday, May 9, 2022 - FlaglerLive.com, Victory at San Jacinto liberated the individual | Opinion | jacksonvilleprogress.com - Jacksonville Daily Progress, RUSH's GEDDY LEE Says NEIL PEART 'Didn't Want Anyone To Know' About His Illness: 'He Wanted To Keep It In The House' - BLABBERMOUTH.NET, The Alternative Meat Industry Wants Solar Power Style Mandates And Subsidies - Science 2.0, diSConnected: Is Ayn Rand or Mother Teresa better for protecting South Carolinians with disabilities? Click hereto download Paycheck Protection Program loan data by state for loans of $150,000 and above. - 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.