Data is a real-time snapshot *Data is delayed at least 15 minutes. 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. Disbursements to Mississippi businesses ranged from $100 to a $10 million loan, which went to Staff Pro LLC, an employment agency in Gulfport. - 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? 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. We do not sell or share your information with anyone. Gov. In Mississippi, nearly all 96% of loans were directed towards payrolls. We prefer Author Name, Mississippi Today in the byline. 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. 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? [The full list is available on the Small Business Administration website, which you can access here.]. 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 U.S. government has released a list of businesses that have received emergency pandemic loans of $150,000 or more. 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. - 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? - 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. 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. 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. Mississippi has a total of 138,392 businesses that received Paycheck Protection Program (PPP) loans from the Small Business Administration. The Ayn Rand Institute received a loan and defended it on Twitter. The program caps forgiveness for salaries at $100,000 per employee, more than twice the states median household income. This disclosure covers each of the 4.9 million PPP loans that have been made. 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. And more than 1,000 recipients apparently did not answer the question about saving jobs at all, according to the data. Several other companies, shown below, received enough in loans to pay each employee over six figures. 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. 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. "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. 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). 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. Most businesses applying for loans also did not disclose the gender of their ownership. Otherwise, it carries a 1 percent interest rate and must be repaid within two years. Our stories may appear on pages with ads, but not ads specifically sold against our stories. This work is licensed under a Creative Commons Attribution-NoDerivatives 4.0 International License. Jared Kushner's parents' family foundation supports the school, NBC News reported. $150K - $350K: 2,358 Recipients. The law firm where House Speaker Philip Gunn works, Wells Marble & Hurst, received between $350,000 and $1 million. $1M - $2M: 291 Recipients. All rights reserved. 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. Copyright 2022 PPP Directory. You can review the data set released by Treasury and SBAto learn more about Mississippi PPP recipients. The disclosure comes amid demands from Democrats for more transparency around the Paycheck Protection Program, or PPP, funds established as part of the $2 trillion CARES Act, which President Donald Trump signed this spring. Keep this news free and accessible to all by becoming a member and giving a recurring donation of any amount today. According to the data set, these loans will allow the businesses to retain a total of 412,492 jobs. 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. Any amount helps us keep producing quality journalism for Mississippi. Paycheck Protection Program (PPP) loans have aided more than 5.2 million small business owners, providing a much-needed lifeline during the Coronavirus outbreak crisis. 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. All rights reserved. Restaurant chains P.F. To learn more about our cartoon syndication services. The goal is to fund small businesses that have been economically impacted due to the coronavirus pandemic. The goal is to fund small businesses that have been economically impacted due to the coronavirus 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. If you are an existing Print subscriber click HERE for your login info. - Fillmore County Journal, Why Are Members of Congress Allowed to Trade Stocks? 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. Editorial cartoons and photo essays are not included under the Creative Commons license and therefore do not have the "Republish This Story" button option. Search through Mississippi businesses that benefited from the Paycheck Protection Program with our database by searching below. Narrow the list by typing in a business or city name. 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. Northeast wind 0 to 5 mph. Treasury Secretary Steven Mnuchin sparked an outcry from Democratswhenheoriginallyimplied that theTrump administration would not disclose the names of participants. 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. Both businesses were approved to receive between $150,000 and $350,000 each. 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. 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. Otherwise, it carries a 1 percent interest rate and must be repaid within two years. 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. 177878 177879 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. The curious cult of the friend of fascism | Anthony Daniels - The Critic, Ocean City 'Jeopardy!' No city is better suited to serve as a hub for innovation and growth than Gulfport, Mayor Hewes writes. The association said the "vast majority" of the loans originated at banks headquartered in the state. 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. Of the Mississippi businesses that did answer, 75 percent were male, and 83 percent were white. With your help, we've gotten a lot done but we're not finished yet! 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). Below is a list of South Mississippi business that received PPP loans . 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. If you do not have an existing account, you can also easily register or login with an existing Google, Facebook or Apple account. Most did not respond. Report it to the Small Business Administrations with just a few clicks. a proud member of the Otherwise, it carries a 1 percent interest rate and must be repaid within two years. Alex Rozier, from New York City, is Mississippi Todays data and environment reporter. You gain access to: In total, over 79,000 businesses in Mississippi have been approved for PPP loans. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. The Roman Catholic dioceses in California, New York, Nevada, Tennessee and Kentucky also received loans. 2023 - Land Title Association of Mississippi, Supreme Court will hear a case challenging CFPB funding, ALTA Applauds Passage of SECURE Notarization Act in the House of Representatives, Title Companys Crime Policy Covers Fraudulent Wire Transfer, Central Florida Court Research and Document Retrieval. You can only publish select stories individually not as a collection. 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 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? 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. The overwhelming majority of owners who received PPP loans legitimately used the money to retain employees and stay operational. Reeves: Businesses with ties to Tate Reeves received loans. 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. A searchable database of federal 2020 Paycheck Protection Program loans. 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. Here's What's Wrong With Ayn Rand's Philosophy - The Objective Standard, Did the John Birch Society Win in the End? Other major law firms, such asForman Watkins & Krutz, Watkins & Eager,Brunini Grantham Grower & Hewes, and Schwartz and Associates, got millions of dollars through PPP. We want to hear from you. The private equity firm. Search MS Businesses Results @lukerehmann 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. Dig Deeper: See the full searchable list of who received Mississippi PPP loans. Loan Range No. to see all of their content. CNBC's Kate Rogers, Betsy Spring, Kevin Breuninger and Kayla Tausche contributed to this report. - the ability to be paid for posting This company embraced the coronavirus economy and now it is hiring workers. 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. 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. 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. Businesses in California ,Texas and New York that received loans reported having about 4.1 million, 2.7 million and 2 million total employees, respectively. On average, businesses in the state received about $7,000 per employee. 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. The average loan size is approximately $100,000, demonstrating that the program is serving the smallest of businesses, he continued. Some firms said they didn't receive or apply for the money they're listed as getting. Lawmakers have also pushed to find out if politicians or their families' have taken on funds from the program. The Skip team has been one of the top resources in the US for SBA-related funding and other private funding options since 2020. Follow him on Twitter @gbolognaCL. But the businesses reported the total when they applied for loans, and it is unclear how many of those employees stayed on the payroll. 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. 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. But thousands of Magnolia State companies also got the Small Business Administration aid without promising to retain any workers. For all loans below $150,000, SBA is releasing all of the above information except for business names and addresses. A handful of Mississippi's private colleges also received assistance. So here are the links and resources I mentioned. A pedestrian wearing a protective mask walks past a Shake Shack restaurant in Washington, D.C., U.S., on Monday, April 20, 2020. Contact Giacomo "Jack" Bologna at 601-961-7282 or gbologna@gannett.com. More than 50 individual churches received $150,000 or more. 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. 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. Who will win? In Mississippi, nearly all 96% of loans were directed towards payrolls. - 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? - and much more! 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. 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. - South Carolina Public Radio, Did the John Birch Society Win in the End? Democrats have sought assurances that programs established to help Main Street sufficiently reach those who most need it. Search through Mississippi businesses that benefited from the Paycheck Protection Program with our database by searching below. But of those that did, men-owned businesses receiving loans outnumbered women-owned firms by about three-to-one. Clear, with a low around 41. The loan data also include demographics of the borrowers, although most businesses left those fields blank. Restaurant chains like P.F. You can only publish select stories individually not as a collection. Many colleges have taken a financial hit after refunding students for room, board and other fees that come with attending class in-person. 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. $350K - $1M: 1,107 Recipients. The data only identifies companies with loans worth more than $150,000. The published data now include specific amounts businesses have received, as well as the names of places that got smaller loans. Chang's China Bistro and Chop't received aid of between $5 million and $10 million. Help keep the momentum going by rejoining our member community today. Narrow the list by typing in a business or city name. Across the country, more than 660,000 businesses received $150,000 or up to the $10 million maximum from the small-business lending program. More than 50 companies reported that the funds would help them hold onto at least 400 employees. SBA and Treasury to release names of largest PPP loan recipients. Updated July 25, 2022 Search for PPP loan applications by organization, lender, zip code and business type. Mississippi companies reported the aid will help them retain about 412,000 jobs about one-third of the state's total workforce. More than $30 billion in loans were returned overall, senior administration officials who declined to be named said Monday. Across the country, more than 660,000 businesses received $150,000 or up to the $10 million maximum from the small-business lending program. Staffing companies, pipeline and electric utilities maintenance companies, heavy machinery and tire dealers, and restaurant chains all received millions. 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. More than 45,000 loans worth nearly $3.2 billion were approved in Mississippi by the Small Business Administration, according to Mississippi Bankers Association. California students call to remove Ronald Reagan, Margaret Thatcher busts - Campus Reform, The GOP Are Standing on Trump's Sinking Ship, But Democrats Need a Vision Beyond Electing Biden - Common Dreams, Is Donald Trump the Republican Partys future, or its past? The vast majority of those companies taking part in the program some 38,035 organizations received PPP loans less than $150,000. Look for the "Republish This Story" button underneath each story. - 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. For PPP Loans under $150,000 in Mississippi click here. All rights reserved. - The Guardian, Shaker Heights actors to star in Zoom play: Press Run - cleveland.com, Masking Authoritarianism In The Name Of Public Health - CodeBlue, The Federal Reserve Works Best When It Sticks With Gold - Forbes, Government Grants Loan to Libertarian-Based Ayn Rand Institute - The Great Courses Daily News, Rest of the Story, Pandemic Edition : Planet Money - NPR, Law of Integrity the Joke's on Us - India Legal, No. If you do not have an existing account, you can also easily use an existing Google, Facebook or Apple account. 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? While the aim of the program was to aid ailing companies with less than 500 employees, its effectiveness has remained unclear.