If you share our stories on social media, please tag us in your posts using. John Farrell, a Republican donor and real estate developer also received a PPP loan. Some 3,890 Mississippi companies received PPP loans in excess of $150,000. 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. Southern Air Conditioning & Supply Inc., where Reeves is a shareholder and Coker & Palmer, Inc., an insurance agency where his wife, Elee Reeves, is a financial advisor, were among the businesses from Mississippi that received money in the coronavirus outbreak, according to the federal government. Grace Pateras and Joe Harrington contributed to this story. They included Jackson Academy and Jackson Prep, which both received at least $1 million. 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. Tate Reeves also got PPP money. We center readers in everything we do, informingand engagingMississippians through reporting, podcasts, events and online communities. This company embraced the coronavirus economy and now it is hiring workers. You have to credit Mississippi Today. Loans Issued In Mississippi PPP Recipients Browse PPP Loans By State Mississippi Select a City for all PPP loans filed within that jouristiction, or search the entire state filings here: Show entries Search: Processing. For example: trucking , hospice , television , Kasowitz Benson Torres , 90210 , Sole. Otherwise, it carries a 1 percent interest rate and must be repaid within two years. Across the country, more than 660,000 businesses received $150,000 or up to the $10 million maximum from the small-business lending program. - 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? The program caps forgiveness for salaries at $100,000 per employee, more than twice the states median household income. The House of Representatives followed the Senate in passing a measure Wednesday to extend the program's application deadline from June 30 to Aug. 8. Meanwhile, 78 white business owners received loans for at least $1 million. 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. Companies that maintain most of their payroll through the span of the loan may convert those funds into a grant. PAW Patrol Wasn't Canceled. Otherwise, it carries a 1 percent interest rate and must be repaid within two years. The data only identifies companies with loans worth more than $150,000. This disclosure covers each of the 4.9 million PPP loans that have been made. Clear, with a low around 41. Dozens of private and charter schools got aid. Get Funding & Growth Help Get Started For Free In Mississippi, nearly all 96% of loans were directed towards payrolls. Revealed: How U.S. Gov't & Hollywood Secretly Worked Together to Justify Atomic Bombings of Japan - Democracy Now! Sign up for free newsletters and get more CNBC delivered to your inbox. - profiles and social posts By joining our newsletter, you are confirming that you agree with the Privacy Policy, Frank Corder is a native of Pascagoula. Please reload the page and try again. 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. Contact Giacomo "Jack" Bologna at 601-961-7282 or gbologna@gannett.com. Email Frank: frank@magnoliatribune.com. The association said the "vast majority" of the loans originated at banks headquartered in the state. 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. 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. Todays release of loan data strikes the appropriate balance of providing the American people with transparency, while protecting sensitive payroll and personal income information of small businesses, sole proprietors, and independent contractors., The PPP is an indisputable success for small businesses, especially to the communities in which these employers serve as the main job creators, said Administrator Jovita Carranza. This work is licensed under a Creative Commons Attribution-NoDerivatives 4.0 International License. The US government recently added a second round of $310 billion to PPP loan program. The U.S. government has released a list of businesses that have received emergency pandemic loans of $150,000 or more. Medical businessessuffered deep revenue losses during the pandemic as normal lucrative procedures and treatments were put on pause to handle the virus. With your help, we've gotten a lot done but we're not finished yet! Trump on Saturday signed the extension into law. More than 40% of Black small business owners wereforced to close shop as result of the pandemic. A pedestrian wearing a protective mask walks past a Shake Shack restaurant in Washington, D.C., U.S., on Monday, April 20, 2020. Time will tell, Creative Commons Attribution-NoDerivatives 4.0 International License, Proudly powered by Newspack by Automattic. Southern States Utility Trailer Sales Inc. Most of those that answered were white and male-owned, shown below: Use the tables below for full lists of Misssissippi's PPP recipients, by business and industry: -- Article credit to Alex Rozier of Mississippi Today --. Copyright 2022 PPP Directory. The private equity firm. to view this author's last article or Ruth's Hospitality Group, which owns the Ruth's Chris Steak House chain, AutoNationand ShakeShack are among those that took out PPP loans. The largest loans were only. To learn more about our cartoon syndication services. Read more. No city is better suited to serve as a hub for innovation and growth than Gulfport, Mayor Hewes writes. SBA and Treasury to release names of largest PPP loan recipients. The largest loans were only recorded in the data as ranges. a proud member of the John Farrell, a Republican donor and real estate developer also received a PPP loan. There was an error and we couldn't process your subscription. 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. 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. 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. Companies said that the funding supported more than 51 million jobs. The Clarion Ledger reached out to several companies that received at least $5 million through the program. You gain access to: Larger and public companies initially took advantage of loosely written language to tap the funds for themselves. The goal is to fund small businesses that have been economically impacted due to the coronavirus pandemic. But of those that did, white-owned businesses in the state outnumbered all others that got money combined including Black, Hispanic, Asian and American Indian businesses by a five-to-one margin. 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. 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. [The full list is available on the Small Business Administration website, which you can access here.]. 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. - 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? In Mississippi, nearly all 96% of loans were directed towards payrolls. We believe that an informed Mississippi is a better Mississippi. - Vox.com, Conservative Theologically, but Liberal Politically | Gene Veith - Patheos, Who is Jonathan Swan, the reporter who grilled Trump? But thousands of Magnolia State companies also got the Small Business Administration aid without promising to retain any workers. Get this delivered to your inbox, and more info about our products and services. Alex Rozier, from New York City, is Mississippi Todays data and environment reporter. $2M - $5M: 118 Recipients. 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. 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. - Fillmore County Journal, Why Are Members of Congress Allowed to Trade Stocks? 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. Democrats have sought assurances that programs established to help Main Street sufficiently reach those who most need it. Below is a list of South Mississippi business that received PPP loans . The program is part of the Coronavirus Aid, Relief and Economic Security Act President Donald Trump signed. You can only publish select stories individually not as a collection. A former Mississippi prison guard has been sentenced to three years of probation for COVID relief fraud. Release from the U.S. Department of Treasury. 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. 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. For PPP Loans under $150,000 in Mississippi click here. Grace Pateras and Joe Harrington contributed to this story. We do not sell or share your information with anyone. Several other companies, shown below, received enough in loans to pay each employee over six figures. More than $30 billion in loans were returned overall, senior administration officials who declined to be named said Monday. - 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? Got a confidential news tip? 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. 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. 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. Of the Mississippi businesses that did answer, 75 percent were male, and 83 percent were white. Posted on February 27, 2023 by laguardia airport food terminal c Narrow the list by typing in a business or city name. Rep VickyHartzler, R-Mo., on Thursday disclosed that her family's businesses received nearly $480,000. In Mississippi, nearly all 96% of loans were directed towards payrolls. Look for the "Republish This Story" button underneath each story. Staffing companies, pipeline and electric utilities maintenance companies, heavy machinery and tire dealers, and restaurant chains all received millions. 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. Changs, Legal Sea Foods and Silver Diner either received PPP loans or had investors connected to the company that did. 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. Disbursements to Mississippi businesses ranged from $100 to a $10 million loan, which went to Staff Pro LLC, an employment agency in Gulfport. 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). 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. 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. Search through Mississippi businesses that benefited from the Paycheck Protection Program with our database by searching below. 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. 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. Last month, Congress passed a bill easing the terms for how businesses can use the funds and qualify for forgiveness. 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. - 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? Three Hispanic, two Asian and zero American Indian businesses reported receiving at least that amount. The online vehicle marketplace company quadrupled its sales in just one year after beginning operation in January 2021. The curious cult of the friend of fascism | Anthony Daniels - The Critic, Ocean City 'Jeopardy!' And what do kangaroos have to do with it? We're dedicated to keeping Mississippians informed with our thorough reporting. Most did not respond. Those loans disclosed represent nearly three-fourths of total loan dollars approved, but a far smaller proportion of the number of actual loans. The U.S. government has released a list of businesses that have received emergency pandemic loans of $150,000 or more. To republish online, simply click the button, copy the html code and paste into your Content Management System (CMS). 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. There is not an exact figure because many of these loans are disclosed in ranges. Here's What's Wrong With Ayn Rand's Philosophy - The Objective Standard, Did the John Birch Society Win in the End? - Science Based Medicine, O'Donnell: Will the NBA's new red-light camera calls ruin The Finals for ABC/ESPN? But about 3,500 Mississippi businesses that received PPP loans said they would retain zero jobs with the money. 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. Restaurant chains like P.F. 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. The Archdiocese of New York got a loan valued at between $5 million and $10 million, while the Catholic Charities of the Archdioceses of San Francisco, Washington, D.C., New Orleans and Boston, among others, all received assistance valued at more than $2 million.

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