Grace Pateras and Joe Harrington contributed to this story. 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. - TheArticle, Is Ethereum left and Bitcoin right? Narrow the list by typing in a business or city name. This table shows the top 5 industries in Mississippi by number of loans awarded, with average loan amounts and number of jobs reported. PPP recipient list: Which companies got PPP loans? - The Business Journals Browse & Search CARES Act PPP Recipients The SBA's list divides the PPP loan recipients . John Farrell, a Republican donor and real estate developer also received a PPP loan. 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. Changs, Legal Sea Foods and Silver Diner either received PPP loans or had investors connected to the company that did. 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. U.S. Imports and Bills of Lading for Franklin Corporation, U.S. Imports and Bills of Lading for Jindal Tubular USA LLC, U.S. Imports and Bills of Lading for Behold Washington, LLC, U.S. Imports and Bills of Lading for Corinthian Inc. U.S. Imports and Bills of Lading for Van Zyverden Inc. Power and Communication Line and Related Structures Construction, Professional, Scientific, and Technical Services, Household Furniture (except Wood and Metal) Manufacturing, Offices of Physicians (except Mental Health Specialists), Iron and Steel Pipe and Tube Manufacturing from Purchased Steel, Upholstered Household Furniture Manufacturing, Other Heavy and Civil Engineering Construction, Oil and Gas Pipeline and Related Structures Construction, Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance, Other Services (except Public Administration), The First, A National Banking Association, Southern Electric Corporation Of Mississippi, Administrative and Support and Waste Management and Remediation Services, Prefabricated Metal Building and Component Manufacturing. Companies that maintain most of their payroll through the span of the loan may convert those funds into a grant. - 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. Clear, with a low around 41. - profiles and social posts If you share our stories on social media, please tag us in your posts using. "This money helped us bridge a gap to keep people gainfully employed," the statement said. - 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? 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. Report it to the Small Business Administrations with just a few clicks. 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. There is not an exact figure because many of these loans are disclosed in ranges. 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. By joining our newsletter, you are confirming that you agree with the Privacy Policy, Frank Corder is a native of Pascagoula. 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. 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. St. Andrew's Episcopal Day School in Ridgeland got at least $2 million. 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. The U.S. government has released a list of businesses that have received emergency pandemic loans of $150,000 or more. Republish our articles for free, online or in print, under a Creative Commons license. Examining Federal Efforts to Prevent, Detect, and Prosecute Pandemic 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 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. Millsaps, Tougaloo and Rust colleges each receivedbetween $2 million and $5 million. The Skip team has been one of the top resources in the US for SBA-related funding and other private funding options since 2020. - Vox.com, Conservative Theologically, but Liberal Politically | Gene Veith - Patheos, Who is Jonathan Swan, the reporter who grilled Trump? - 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. Narrow the list by typing in a business or city name. Disbursements to Mississippi businesses ranged from $100 to a $10 million loan, which went to Staff Pro LLC, an employment agency in Gulfport. Enjoy! - South Carolina Public Radio, Did the John Birch Society Win in the End? Loan Range No. 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. 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. Skip Otherwise, it carries a 1 percent interest rate and must be repaid within two years. 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. You can review the data set released by Treasury and SBAto learn more about Mississippi PPP recipients. Joseph Kushner Hebrew Academy in New Jersey, which is named after Trump's son-in-law and advisor Jared Kushner's grandfather, got a loan in the range of $1 million to $2 million. The Ayn Rand Institute received a loan and defended it on Twitter. Restaurant chains P.F. 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. Transportation Secretary Elaine Chao's family's business, Foremost Maritime, got a loan valued at between $350,000 and $1 million. PPP loans helped businesses retain nearly 48,000 employees in our state. Search Latest PPP Loan List While the aim of the program was to aid ailing companies with less than 500 employees, its effectiveness has remained unclear. - Noozhawk, Happy birthday to the great Ayn Rand - OCRegister, Letter to the editor about Clowns to the left of me, jokers to the right. 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. There was an error and we couldn't process your subscription. The US government recently added a second round of $310 billion to PPP loan program. About 87% of the loans were for less than $150,000, according to the SBA. As was the case after the first round of the Paycheck Protection Program last summer, the state's top recipients so far include restaurants, doctors' and dentists' offices, legal practices, construction companies, car dealers, hotels and religious organizations. The program is part of the Coronavirus Aid, Relief and Economic Security Act President Donald Trump signed. examining federal efforts to prevent, detect, and prosecute pandemic relief fraud to safeguard funds for all eligible americans 117th congress (2021-2022) 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. The Roman Catholic dioceses in California, New York, Nevada, Tennessee and Kentucky also received loans. 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 Clarion Ledger reached out to several companies that received at least $5 million through the program. 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. 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. Editorial cartoons and photo essays are not included under the Creative Commons license and therefore do not have the "Republish This Story" button option. 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. PAW Patrol Wasn't Canceled. More than 50 companies reported that the funds would help them hold onto at least 400 employees. They included Jackson Academy and Jackson Prep, which both received at least $1 million. Data on who got them was recently released after pressure from news organizations and lawmakers. Updated July 25, 2022 Search for PPP loan applications by organization, lender, zip code and business type. Click hereto download Paycheck Protection Program loan data by state for loans of $150,000 and above. To republish online, simply click the button, copy the html code and paste into your Content Management System (CMS). Meanwhile, 78 white business owners received loans for at least $1 million. [The full list is available on the Small Business Administration website, which you can access here.]. 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. Got a confidential news tip? 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 --. We prefer Author Name, Mississippi Today in the byline. By clicking submit, you agree to share your email address with Mississippi Today. 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? Who in Mississippi got Paycheck Protection Program loans during the pandemic? It lowered the share of the loan that a company must spend on payroll and gave them a longer period of time to use the money. Mississippi PPP loan recipients: See the full searchable list of who following organizations: Whoops! - the ability to be paid for posting Almost all of that money has yet to be distributed. Dig Deeper: See the full searchable list of who received Mississippi PPP loans. A handful of Mississippi's private colleges also received assistance. World-class Experience The Skip team prides itself on giving you the attention and assistance your small business deserves. 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. - The Atlantic, The Fountainhead Reading Group with Andrew Bernstein - The Objective Standard, Copyright 2000 to 2023 Prometheism Transhumanism Post Humanism. - 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. Those loans represent nearly three-fourths of total loan dollars approved, but a far smaller proportion of the number of actual loans. 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. 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. 3 On Your Side Investigates: Paycheck Protection Under Closer - WLBT Disbursements to Mississippi businesses ranged from $100 to a $10 million loan, which went to Staff Pro LLC, an employment agency in Gulfport. The program is part of the Coronavirus Aid, Relief and Economic Security Act President Donald Trump signed. All Rights Reserved. Data is a real-time snapshot *Data is delayed at least 15 minutes. 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 . The jobs numbers released last week reinforced that PPP is working by keeping employees on payroll and sustaining millions of small businesses through this time.. 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. Any amount helps us keep producing quality journalism for Mississippi. In Mississippi, nearly all 96% of loans were directed towards payrolls. PPP Loan Recipient List By State Mississippi - FederalPay In total, over 79,000 businesses in Mississippi have been approved for PPP loans. 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. 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. LEARN MORE ABOUT WHO QUALIFIES BY CLICKING HERE. 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? At least eight country clubs, such as the Diamondhead Country Club and Jackson Country Club, got approved for PPP money. More than $4 billion in loans have now made its way to Mississippi after Congress approved another round of federal support for businesses earlier this year. Any web site our stories appear on must include a contact for your organization. - and much more! Three Hispanic, two Asian and zero American Indian businesses reported receiving at least that amount. The US government recently added a second round of $310 billion to PPP loan program. 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. No city is better suited to serve as a hub for innovation and growth than Gulfport, Mayor Hewes writes. - 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. The U.S. government has released a list of businesses that have received emergency pandemic loans of $150,000 or more. 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. - 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? Several other companies, shown below, received enough in loans to pay each employee over six figures. The program caps forgiveness for salaries at $100,000 per employee, more than twice the states median household income. Keep this news free and accessible to all by becoming a member and giving a recurring donation of any amount today. 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. The Roman Catholic dioceses in California, New York, Nevada, Tennessee and Kentucky also received loans. SBA and Treasury to release names of largest PPP loan recipients. - 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? A searchable database of federal 2020 Paycheck Protection Program loans. 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. 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. Those loans represent nearly three-fourths of total loan dollars approved, but a far smaller proportion of the number of actual loans. If you share our stories on social media, please tag us in your posts using. For example: trucking , hospice , television , Kasowitz Benson Torres , 90210 , Sole. 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. Chao is the wife of Senate Majority Leader Mitch McConnell, R-Ky. Perdue Inc., a trucking company co-founded by Agriculture Secretary Sonny Perdue, was approved for $150,000 to $350,000 in loan money. His work has appeared in the Boston Globe, Open Secrets, and on NBC.com. 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). Please reload the page and try again. 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. 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. After those funds quickly ran out, the government replenished the program with an additional $310 billion. Businesses who qualified hair salons, gyms, certain retail stores and many others were supposed to be sent the $2,000 check automatically. Editorial cartoons and photo essays are not included under the Creative Commons license and therefore do not have the "Republish This Story" button option. This disclosure covers each of the 4.9 million PPP loans that have been made. Search through Mississippi businesses that benefited from the Paycheck Protection Program with our database by searching below. Email Frank: frank@magnoliatribune.com. At least two casino companies and a pair of yacht clubs on the Coast received funds as well. The largest loans were only recorded in the data as ranges. The SBA states that the PPP program is designed to help small businesses keep workers on payroll. 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. - Gold Derby, Books review: What to read in October - Reader's Digest, Democrats dig the graves of freedom and prosperity - Washington Times, Baseball and Yom Kippur: Is there a Koufax curse? 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 data release also includes overall statistics regarding dollars lent per state, loan amounts, top lenders, and distribution by industry.