On average, businesses in the state received about $7,000 per employee. The Clarion Ledger reached out to several companies that received at least $5 million through the program. 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. 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. 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. 2023 Magnolia Tribune. 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. You gain access to: - The Bulwark, Members Outspoken on The Left's Priorities - AMAC - The Association of Mature American Citizens - AMAC, diSConnected: Is Ayn Rand or Mother Teresa better for protecting South Carolinians with disabilities? Mississippi 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. 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. 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. By clicking submit, you agree to share your email address with Mississippi Today. of Loans Jobs Retained The grant program is being overseen by the Mississippi Development Authority, which has contracted with a company to help run it. We're dedicated to keeping Mississippians informed with our thorough reporting. In three months, this Administration was able to act quickly to get funding into the hands of those who faced enormous obstacles as a result of the pandemic. In Mississippi, nearly all 96% of loans were directed towards payrolls. Restaurant chains like P.F. Almost 4,000 women-owned businesses reported receiving loans. The vast majority of those companies taking part in the program some 38,035 organizations received PPP loans less than $150,000. The company is investing $2.4 million in their Mississippi operation and adding 32 new jobs. - Looper, Soul Review: Life, and How to Live It - Rolling Stone, Defending Ayn Rand's Reputation in the Media - New Ideal, Letter: Only 'We' can save the world | Letters to the Editor - Daily Herald, Pandemic and the prisoner's dilemma - DTNext, From the Rubble of Atlases, a Colossus Will Rise - The New York Times, Trump's America Remains Stuck in the Shadow of Reagan - Boston Review, The Tories are divided between libertarians and authoritarians. a proud member of the We prefer Author Name, Mississippi Today in the byline. 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. 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. They and many more companies ultimately returned the money after public outcry. 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. This disclosure covers each of the 4.9 million PPP loans that have been made. If you share our stories on social media, please tag us in your posts using. 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. No city is better suited to serve as a hub for innovation and growth than Gulfport, Mayor Hewes writes. Those in excess of $150,000 break down as follows: $5M - $10M: 16 Recipients. 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. Separately, Mississippi is in the process of distributing grants to many small businesses using federal funds it received for virus relief. But about 3,500 Mississippi businesses that received PPP loans said they would retain zero jobs with the money. The U.S. government has released a list of businesses that have received emergency pandemic loans of $150,000 or more. A pedestrian wearing a protective mask walks past a Shake Shack restaurant in Washington, D.C., U.S., on Monday, April 20, 2020. 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. 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. So here are the links and resources I mentioned. 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. Below is a chart of the types of businesses receiving the most money in Mississippi: var divElement = document.getElementById('viz1594145011552'); 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); Some Mississippi borrowers receiving between $5-$10 million in those categories include GI Associates, a gastroenterology group in Flowood, Ridgeland-based law firm Butler Snow, and two restaurant companies, Mid River Restaurants in Natchez and The Retzer Group in Greenville. - the ability to be paid for posting 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. 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. Does something look fishy to you? Find Latest SBA PPP Loan Details Search by Business name, city, state, loan amount etc Search Loan Details 1 2 3 4 5 6 7 8 9 10 . The program is part of the Coronavirus Aid, Relief and Economic Security Act President Donald Trump signed. 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. - Noozhawk, Happy birthday to the great Ayn Rand - OCRegister, Letter to the editor about Clowns to the left of me, jokers to the right. Graphics by CNBC's John Schoen. The largest loans were only recorded in the data as ranges. - Fillmore County Journal, Why Are Members of Congress Allowed to Trade Stocks? CNBC's Kate Rogers, Betsy Spring, Kevin Breuninger and Kayla Tausche contributed to this report. 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. 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. - profiles and social posts We center readers in everything we do, informingand engagingMississippians through reporting, podcasts, events and online communities. You have to credit Mississippi Today. Internationally, South Korean airline Korean Air received a PPP loan. 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. In Mississippi, nearly all 96% of loans were directed towards payrolls. Frank has served his community in both elected and appointed public office, hosted his own local radio and television programs, and managed private businesses all while being an engaged husband and father. The Retzer Group, which operates McDonald's franchises, got at least $5 in PPP money. Niche movie theater chain Alamo Drafthouse received a loan of at least $5 million. Clarification: The story has been edited to clarify that franchisees of national chains applied and received PPP loans rather than the chains corporate bodies. 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. - 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? According to DOR spokesman Jacob Manley, the agency has sent out checks to 11,905 businesses for a total of $23.6 million, which isabout a third of what the program was supposed to distribute. There were several errors in the database, so it's not clear whether all the companies listed received the funds. The spectrum of businesses receiving PPP loans crossed . Look for the "Republish This Story" button underneath each story. - Study Breaks, Get Ready for a Week of Unhinged Attacks on Biden and Harris - The Bulwark. Some 3,890 Mississippi companies received PPP loans in excess of $150,000. The law firm said in a statement that all of its employees across 12 states kept their jobs with no pay cuts. But the businesses reported the total when they applied for loans, and it is unclear how many of those employees stayed on the payroll. If you do not have an existing account, you can also easily use an existing Google, Facebook or Apple account. We do not sell or share your information with anyone. 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? Bienville Orthopaedic Specialists, L.L.C. Got a confidential news tip? The program is part of the Coronavirus Aid, Relief and Economic Security Act President Donald Trump signed. MDA Spokeswoman Melissa Scallan said MDA is currently reviewing applications and could be issuing checks as early as this week or next week. At least 20 Mississippi hospitals received PPP money, with numerous dentists' and doctors' offices also getting the loans. - The Atlantic, The Fountainhead Reading Group with Andrew Bernstein - The Objective Standard, Copyright 2000 to 2023 Prometheism Transhumanism Post Humanism. PPP Loan Search MS Narrow the list by typing in a business or city name. Transportation Secretary Elaine Chao's family's business, Foremost Maritime, got a loan valued at between $350,000 and $1 million. a proud member of the The data release also includes overall statistics regarding dollars lent per state, loan amounts, top lenders, and distribution by industry. This company embraced the coronavirus economy and now it is hiring workers. Click to share on Twitter (Opens in new window), Click to share on Facebook (Opens in new window), Click to email a link to a friend (Opens in new window), Legislatures top leaders test positive for coronavirus, Creative Commons Attribution-NoDerivatives 4.0 International License, Proudly powered by Newspack by Automattic. By clicking submit, you agree to share your email address with Mississippi Today. $350K - $1M: 1,107 Recipients. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Yet franchisees in Mississippi from dozens of large national chains came away with millions in loans; 28 of McDonalds locations in Mississippi, for instance, received a combined $14.8 million, despite the chain being a multinational corporation that made $4.7 billion in profit last year. Your California Privacy Rights / Privacy Policy. The U.S. government has released a list of businesses that have received emergency pandemic loans of $150,000 or more. - two free years of archived e-Editions 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. 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. World-class Experience The Skip team prides itself on giving you the attention and assistance your small business deserves. Grace Pateras and Joe Harrington contributed to this story. Republish our articles for free, online or in print, under a Creative Commons license. 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. 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. The private equity firm. In Mississippi, nearly all 96% of loans were directed towards payrolls. 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. On average, businesses in the state received about $7,000 per employee. The Roman Catholic dioceses in California, New York, Nevada, Tennessee and Kentucky also received loans. Alex Rozier, from New York City, is Mississippi Todays data and environment reporter. Mississippi has a total of 138,392 businesses that received Paycheck Protection Program (PPP) loans from the Small Business Administration. Search MS Businesses Results @lukerehmann Why PPP Loan Recipients in Mississippi Could Be at Risk It has approved 4.9 million loans for a total of more than $521 billion. Scallan said the agency is still encouraging small business owners to apply for grants at the following website: www.backtobusinessms.org. $1M - $2M: 291 Recipients. Posted on February 27, 2023 by laguardia airport food terminal c "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. 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. But of those that did, men-owned businesses receiving loans outnumbered women-owned firms by about three-to-one. Changs, Legal Sea Foods and Silver Diner either received PPP loans or had investors connected to the company that did. Across the country, more than 660,000 businesses received $150,000 or up to the $10 million maximum from the small-business lending program. Businesses who qualified hair salons, gyms, certain retail stores and many others were supposed to be sent the $2,000 check automatically.
Negative Test Cases For Search Functionality,
Rudy Martinez Texas State,
Articles M
mississippi ppp loan recipients list