mississippi ppp loan recipients list

Separately, Mississippi is in the process of distributing grants to many small businesses using federal funds it received for virus relief. Franks interviews, articles, and columns have been shared throughout Mississippi as well as in national publications such as the Daily Caller. 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. Each small business was supposed to receive a $2,000 check. - 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? a proud member of the Click of Loans Jobs Retained A total of 45,812 loans were distributed to Mississippi leading to a reported 412,461 jobs being retained. 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. 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. Republish our articles for free, online or in print, under a Creative Commons license. 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). This work is licensed under a Creative Commons Attribution-NoDerivatives 4.0 International License. Grace Pateras and Joe Harrington contributed to this story. Help us crowdsource fraud detection in the PPP program! The largest loans were only recorded in the data as ranges. All Rights Reserved. But We Wish It Had Been - Fatherly, A field guide to the pandemic deniers - Salon, Mastodon, Tool, Coheed + Cambria, Primus Members Team on Cover of Rush's 'Anthem' - Loudwire, Daddy Ducey had his chance to deal with COVID; It's time to call Mom | What the Devil won't tell you - TucsonSentinel.com, Peter Bart: How Hollywood Learned That Mixing Politics And Art Can Turn Big Ideas Into B-Pictures - Deadline, The saga of the doctor versus the denier continues - Antelope Valley Press, Making it on your own in pandemic | Opinion - News-Press Now, Every generation gets 'The Baby-Sitters Club' it deserves - SFGate, How Amber Heard went from a small town in Texas to centre stage in Hollywood's most explosive trial yet - Evening Standard, Big problems with the Paycheck Protection Program? Release from the U.S. Department of Treasury. You have to credit Mississippi Today. The U.S. government has released a list of businesses that have received emergency pandemic loans of $150,000 or more. 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. The US government recently added a second round of $310 billion to PPP loan program. Disbursements to Mississippi businesses ranged from $100 to a $10 million loan, which went to Staff Pro LLC, an employment agency in Gulfport. A pedestrian wearing a protective mask walks past a Shake Shack restaurant in Washington, D.C., U.S., on Monday, April 20, 2020. Lawmakers have also pushed to find out if politicians or their families' have taken on funds from the program. Dozens of private and charter schools got aid. In Mississippi, nearly all 96% of loans were directed towards payrolls. Get Funding & Growth Help Get Started For Free The biggest loans went toconstruction contractors such as F.L. To republish online, simply click the button, copy the html code and paste into your Content Management System (CMS). 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. You have to credit Mississippi Today. The program has about $132 billion in funding remaining. John Farrell, a Republican donor and real estate developer also received a PPP loan. The SBA's list divides the PPP loan recipients . TGI Fridays, which is backed by private equity firm TriArtisan Capital Advisors, received at least $5 million. The program is part of the Coronavirus Aid, Relief and Economic Security Act President Donald Trump signed. Any web site our stories appear on must include a contact for your organization. Restaurant chains like P.F. Help keep the momentum going by rejoining our member community today. Staffing companies, pipeline and electric utilities maintenance companies, heavy machinery and tire dealers, and restaurant chains all received millions. A former Mississippi prison guard has been sentenced to three years of probation for COVID relief fraud. We believe that an informed Mississippi is a better Mississippi. 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. By clicking submit, you agree to share your email address with Mississippi Today. The overwhelming majority of owners who received PPP loans legitimately used the money to retain employees and stay operational. The program was initially rolled out in April, offering $349 billion to small businesses. The loan data also include demographics of the borrowers, although most businesses left those fields blank. This disclosure covers each of the 4.9 million PPP loans that have been made. 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. Get this delivered to your inbox, and more info about our products and services. If you share our stories on social media, please tag us in your posts using. The spectrum of businesses receiving PPP loans crossed . Jared Kushner's parents' family foundation supports the school, NBC News reported. to see all of their content. 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. Todays data shows that small businesses of all types and across all industries benefited from this unprecedented program. The Associated Press contributed to this report. Follow him on Twitter @gbolognaCL. 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. This table shows the top 5 industries in Mississippi by number of loans awarded, with average loan amounts and number of jobs reported. Below is a list of South Mississippi business that received PPP loans . 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. Based on data from National Weather Service and OpenWeather. Those loans disclosed represent nearly three-fourths of total loan dollars approved, but a far smaller proportion of the number of actual loans. 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. Several other companies, shown below, received enough in loans to pay each employee over six figures. Changs, Legal Sea Foods and Silver Diner either received PPP loans or had investors connected to the company that did. Chang's China Bistro and Chop't received aid of between $5 million and $10 million. Any amount helps us keep producing quality journalism for Mississippi. Grace Pateras and Joe Harrington contributed to this story. The Ayn Rand Institute received a loan and defended it on Twitter. 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. If you are an existing Print subscriber click HERE for your login info. To learn more about our cartoon syndication services. Those loans represent nearly three-fourths of total loan dollars approved, but a far smaller proportion of the number of actual loans. 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. 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. Revealed: How U.S. Gov't & Hollywood Secretly Worked Together to Justify Atomic Bombings of Japan - Democracy Now! Manley said that business owners who did not receive a check, but felt they qualified should email covid19relief@dor.ms.gov with their business name, account number and the reason they believe their business met the criteria for the $2,000 check. So did theLos Angeles Lakers. 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. A searchable database of federal 2020 Paycheck Protection Program loans. SBA and Treasury to release names of largest PPP loan recipients. Changs, Legal Sea Foods and Silver Diner either received PPP loans or had investors connected to the company that did. The loan data also include demographics of the borrowers, although most businesses left those fields blank. - 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? The private equity firm. The U.S. government has released a list of businesses that have received emergency pandemic loans of $150,000 or more. The association said the "vast majority" of the loans originated at banks headquartered in the state. Perdue's adult children are 99% stakeholders in a trust that indirectly owns the company, and the secretary did not have any influence on the SBA's loan decisions or the company's decision to apply for aid, the spokesperson said. While the aim of the program was to aid ailing companies with less than 500 employees, its effectiveness has remained unclear. The released data also include information about smaller loan recipients, but excluded their names. A Division of NBCUniversal. Medical businessessuffered deep revenue losses during the pandemic as normal lucrative procedures and treatments were put on pause to handle the virus. A total of 45,812 loans were distributed to Mississippi leading to a reported 412,461 jobs being retained. Niche movie theater chain Alamo Drafthouse received a loan of at least $5 million. 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. At least eight country clubs, such as the Diamondhead Country Club and Jackson Country Club, got approved for PPP money. Dig Deeper: See the full searchable list of who received Mississippi PPP loans. Treasury Secretary Steven Mnuchin sparked an outcry from Democratswhenheoriginallyimplied that theTrump administration would not disclose the names of participants. CNBC's Kate Rogers, Betsy Spring, Kevin Breuninger and Kayla Tausche contributed to this report. 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. The case was brought in Foley Square, New York and is pending. The company is investing $2.4 million in their Mississippi operation and adding 32 new jobs. Those in excess of $150,000 break down as follows: $5M - $10M: 16 Recipients. Several other companies, shown below, received enough in loans to pay each employee over six figures. Enjoy! Lawmakers decided in mid-May to set aside $300 million of that money for small business owners. 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. Contact Giacomo "Jack" Bologna at 601-961-7282 or gbologna@gannett.com. More than 50 companies reported that the funds would help them hold onto at least 400 employees. - 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? In total, over 79,000 businesses in Mississippi have been approved for PPP 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. Scallan said the agency is still encouraging small business owners to apply for grants at the following website: www.backtobusinessms.org. But of those that did, men-owned businesses receiving loans outnumbered women-owned firms by about three-to-one. Report it to the Small Business Administrations with just a few clicks. Updated July 25, 2022 Search for PPP loan applications by organization, lender, zip code and business type. - Study Breaks, Get Ready for a Week of Unhinged Attacks on Biden and Harris - The Bulwark. In Mississippi, nearly all 96% of loans were directed towards payrolls. More than 40% of Black small business owners wereforced to close shop as result of the pandemic. Search through Mississippi businesses that benefited from the Paycheck Protection Program with our database by searching below. We prefer Author Name, Mississippi Today in the byline. Loan Range No. We're dedicated to keeping Mississippians informed with our thorough reporting. The SBA states that the PPP program is designed to help small businesses keep workers on payroll. More than 45,000 loans worth nearly $3.2 billion were approved in Mississippi by the Small Business Administration, according to Mississippi Bankers Association. Restaurant chains like P.F. 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. In Mississippi, nearly all 96% of loans were directed towards payrolls. 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. 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. He is a frequent guest on radio and television, providing insight and commentary on the inner workings of the Magnolia State. A spokesperson for the Agriculture Department said Perdue Inc., a trucking service, said the loan was for about $182,000 and supported 27 jobs. Alex Rozier, from New York City, is Mississippi Todays data and environment reporter. Bienville Orthopaedic Specialists, L.L.C. - TheArticle, Is Ethereum left and Bitcoin right? 2023 Magnolia Tribune. $150K - $350K: 2,358 Recipients. The program caps forgiveness for salaries at $100,000 per employee, more than twice the states median household income. Ambassador to Tanzania. Businesses who qualified hair salons, gyms, certain retail stores and many others were supposed to be sent the $2,000 check automatically. Under the law, Mississippi received $1.25 billion. 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. This field is for validation purposes and should be left unchanged. PPP Loans List. - 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. 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 grant program is being overseen by the Mississippi Development Authority, which has contracted with a company to help run it. Included in the data were car dealerships, nonprofit organizations, churches, oil and gas industry support companies, medical practices, zoos, law firms, and colleges. The SBA states that the PPP program is designed to help small businesses keep workers on payroll. 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. On average, businesses in the state received about $7,000 per employee. 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. - The Atlantic, The Fountainhead Reading Group with Andrew Bernstein - The Objective Standard, Copyright 2000 to 2023 Prometheism Transhumanism Post Humanism. We want to hear from you. Meanwhile, 78 white business owners received loans for at least $1 million. Credit: Eric J. Shelton/Mississippi Today, If you are an existing Print subscriber click. Other major law firms, such asForman Watkins & Krutz, Watkins & Eager,Brunini Grantham Grower & Hewes, and Schwartz and Associates, got millions of dollars through PPP. 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. 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. The published data now include specific amounts businesses have received, as well as the names of places that got smaller loans. 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 . LEARN MORE ABOUT WHO QUALIFIES BY CLICKING HERE. The data release also includes overall statistics regarding dollars lent per state, loan amounts, top lenders, and distribution by industry. Your California Privacy Rights / Privacy Policy. following organizations: Whoops! A handful of Mississippi's private colleges also received assistance. The US government recently added a second round of $310 billion to PPP loan program. Companies said that the funding supported more than 51 million jobs. There was an error and we couldn't process your subscription. 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. 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. His work has appeared in the Boston Globe, Open Secrets, and on NBC.com. 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 ability to be paid for posting The fate of Amtraks Gulf Coast return rests with a federal board, They couldve picked Elijah Moore, but Saints drafted Payton Turner. 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. Who will win? Companies that maintain most of their payroll through the span of the loan may convert those funds into a grant. By clicking submit, you agree to share your email address with Mississippi Today. The Government alleged that Mr. Martinez acquired approval to issue PPP loans as a non-bank lender and earned over $70 million in lender fees. By industry: Businesses linked to Gov. Crane & Sons, as well as furniture manufacturers like Max Home, in Fulton. 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? 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. We center readers in everything we do, informingand engagingMississippians through reporting, podcasts, events and online communities. 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. The program caps forgiveness for salaries at $100,000 per employee, more than twice the states median household income. The law firm where House Speaker Philip Gunn works, Wells Marble & Hurst, received between $350,000 and $1 million. examining federal efforts to prevent, detect, and prosecute pandemic relief fraud to safeguard funds for all eligible americans 117th congress (2021-2022) Narrow the list by typing in a business or city name. 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. The Mississippi Department of Revenue is in charge of distributing $60 million to businesses that were forced to close by the governor's orders. 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. 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. Why PPP Loan Recipients in Mississippi Could Be at Risk Restaurant chains P.F. Disbursements to Mississippi businesses ranged from $100 to a $10 million loan, which went to Staff Pro LLC, an employment agency in Gulfport. Last month, Congress passed a bill easing the terms for how businesses can use the funds and qualify for forgiveness. It has approved 4.9 million loans for a total of more than $521 billion. 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. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. After those funds quickly ran out, the government replenished the program with an additional $310 billion. Our stories may appear on pages with ads, but not ads specifically sold against our stories. MDA Spokeswoman Melissa Scallan said MDA is currently reviewing applications and could be issuing checks as early as this week or next week. Across the country, more than 660,000 businesses received $150,000 or up to the $10 million maximum from the small-business lending program. The Retzer Group, which operates McDonald's franchises, got at least $5 in PPP money. All rights reserved. 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. Data on who got them was recently released after pressure from news organizations and lawmakers. Got a confidential news tip? Click hereto download Paycheck Protection Program loan data by state for loans of $150,000 and above. The goal is to fund small businesses that have been economically impacted due to the coronavirus pandemic. Southern States Utility Trailer Sales Inc. We do not sell or share your information with anyone. The published data now include specific amounts businesses have received, as well as the names of places that got smaller loans. Trusted Partners Your Business? 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. Many colleges have taken a financial hit after refunding students for room, board and other fees that come with attending class in-person. The law firm Boies Schiller Flexner, whose chairman David Boies has represented powerful clients such as former Vice President Al Gore in the Bush v. Gore Supreme Court case, received between $5 million and $10 million. Religious groups in the state received between $53 and $80 million, spread across 80 different organizations. Ruth's Hospitality Group, which owns the Ruth's Chris Steak House chain, AutoNationand ShakeShack are among those that took out PPP loans. Please reload the page and try again. 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. Look for the "Republish This Story" button underneath each story. But the businesses reported the total when they applied for loans, and it is unclear how many of those employees stayed on the payroll. The online vehicle marketplace company quadrupled its sales in just one year after beginning operation in January 2021. 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. Rep VickyHartzler, R-Mo., on Thursday disclosed that her family's businesses received nearly $480,000. Both businesses were approved to receive between $150,000 and $350,000 each.

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