The program has about $132 billion in funding remaining. 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. 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. Any amount helps us keep producing quality journalism for Mississippi. $1M - $2M: 291 Recipients. The program is part of the Coronavirus Aid, Relief and Economic Security Act President Donald Trump signed. - Noozhawk, Happy birthday to the great Ayn Rand - OCRegister, Letter to the editor about Clowns to the left of me, jokers to the right. The US government recently added a second round of $310 billion to PPP loan program. Editorial cartoons and photo essays are not included under the Creative Commons license and therefore do not have the "Republish This Story" button option. For example: trucking , hospice , television , Kasowitz Benson Torres , 90210 , Sole. Click 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. The goal is to fund small businesses that have been economically impacted due to the coronavirus pandemic. 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 . PPP Loan Search MS The Roman Catholic dioceses in California, New York, Nevada, Tennessee and Kentucky also received loans. Our stories may appear on pages with ads, but not ads specifically sold against our stories. Those loans represent nearly three-fourths of total loan dollars approved, but a far smaller proportion of the number of actual loans. In total, over 79,000 businesses in Mississippi have been approved for PPP 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 Government alleged that Mr. Martinez acquired approval to issue PPP loans as a non-bank lender and earned over $70 million in lender fees. LEARN MORE ABOUT WHO QUALIFIES BY CLICKING HERE. - 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. In Mississippi, nearly all 96% of loans were directed towards payrolls. On average, businesses in the state received about $7,000 per employee. While many companies did not provide demographic information, the data suggests the vast majority of money went to white-owned businesses. Help us crowdsource fraud detection in the PPP program! - and much more! 2023 Magnolia Tribune. following organizations: Whoops! The law firm said in a statement that all of its employees across 12 states kept their jobs with no pay cuts. 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? 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. 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. Get this delivered to your inbox, and more info about our products and services. This disclosure covers each of the 4.9 million PPP loans that have been made. 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. The grant program is being overseen by the Mississippi Development Authority, which has contracted with a company to help run it. 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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. 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. Several other companies, shown below, received enough in loans to pay each employee over six figures. The goal is to fund small businesses that have been economically impacted due to the coronavirus pandemic. 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. Restaurant chains like P.F. If you share our stories on social media, please tag us in your posts using. 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. - Science Based Medicine, O'Donnell: Will the NBA's new red-light camera calls ruin The Finals for ABC/ESPN? We're dedicated to keeping Mississippians informed with our thorough reporting. Ruth's Hospitality Group, which owns the Ruth's Chris Steak House chain, AutoNationand ShakeShack are among those that took out PPP loans. Disbursements to Mississippi businesses ranged from $100 to a $10 million loan, which went to Staff Pro LLC, an employment agency in Gulfport. St. Andrew's Episcopal Day School in Ridgeland got at least $2 million. 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. 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. - 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? This is NOT a directory of companies that received a loan using SBA.com loan request service. 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. Any web site our stories appear on must include a contact for your organization. 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. 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. 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. We prefer Author Name, Mississippi Today in the byline. The U.S. government has released a list of businesses that have received emergency pandemic loans of $150,000 or more. The Ayn Rand Institute received a loan and defended it on Twitter. 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 Small Business Administration has released a list of businesses that have received emergency pandemic. Copyright 2022 PPP Directory. A searchable database of federal 2020 Paycheck Protection Program loans. 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. Data on who got them was recently released after pressure from news organizations and lawmakers. 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. By clicking submit, you agree to share your email address with Mississippi Today. 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. 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. We believe that an informed Mississippi is a better Mississippi. The published data now include specific amounts businesses have received, as well as the names of places that got smaller 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. So here are the links and resources I mentioned. 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? We center readers in everything we do, informingand engagingMississippians through reporting, podcasts, events and online communities. 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. Each small business was supposed to receive a $2,000 check. Disbursements to Mississippi businesses ranged from $100 to a $10 million loan, which went to Staff Pro LLC, an employment agency in Gulfport. The data only identifies companies with loans worth more than $150,000. At least two casino companies and a pair of yacht clubs on the Coast received funds as well. And what do kangaroos have to do with it? 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. Larger and public companies initially took advantage of loosely written language to tap the funds for themselves. There were several errors in the database, so it's not clear whether all the companies listed received the funds. Almost all of that money has yet to be distributed. - TheArticle, Is Ethereum left and Bitcoin right? of Loans Jobs Retained CNBC's Kate Rogers, Betsy Spring, Kevin Breuninger and Kayla Tausche contributed to this report. 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. According to Business Insider, you may be out of luck and too late to receive funding. 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. 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. 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 . Internationally, South Korean airline Korean Air received a PPP loan. With your help, we've gotten a lot done but we're not finished yet! On average, businesses in the state received about $7,000 per employee. 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. 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. Meanwhile, 78 white business owners received loans for at least $1 million. Narrow the list by typing in a business or city name. 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. The Ayn Rand Institute, named for the objectivist writer cited as an influence on libertarian thought, was approved for $350,000 to $ 1 million. Graphics by CNBC's John Schoen. We do not sell or share your information with anyone. Help keep the momentum going by rejoining our member community today. 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. Keep this news free and accessible to all by becoming a member and giving a recurring donation of any amount today. Businesses linked to Gov. 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. On July 6, 2020, the federal government released the names of 45,815 companies and organizations in Mississippi that received Paycheck Protection Program (PPP) loans, which were designed to keep the economy afloat during the coronavirus. In Mississippi, 17 businesses received loans between $5-$10 million, the highest range of funding. 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. Secret IRS data shows it's paying off - Salon, Heres hoping this USC/UCLA-Big Ten merger careens off the track, crashes and burns | Jones - PennLive, LETTER: Thank cadre deployment and BEE for the mess - BusinessLIVE, Why The Racist Left Smears Clarence Thomas As An 'Angry Black Man' - The Federalist, This Is the Most Important Decision You Can Make To Increase Sales Right Now! Many colleges have taken a financial hit after refunding students for room, board and other fees that come with attending class in-person. Ambassador to Tanzania. Neel-Schaffer, an engineering and construction management firm based in Jackson, said in a statement that the company was grateful for the help, which allowed it to keep 354 jobs, according to PPP data. The U.S. government has released a list of businesses that have received emergency pandemic loans of $150,000 or more. - the ability to be paid for posting Changs, Legal Sea Foods and Silver Diner either received PPP loans or had investors connected to the company that did. The data release also includes overall statistics regarding dollars lent per state, loan amounts, top lenders, and distribution by industry. How's the return to office going? The loans have reached diverse communities proportionally, across all income levels and demographics. The published data now include specific amounts businesses have received, as well as the names of places that got smaller loans. 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. The biggest loans went toconstruction contractors such as F.L. Search through Mississippi businesses that benefited from the Paycheck Protection Program with our database by searching below. The loan data also include demographics of the borrowers, although most businesses left those fields blank. Theaters have been closed while new film releases have been delayed or pushed to streaming platforms. A former Mississippi prison guard has been sentenced to three years of probation for COVID relief fraud. Any web site our stories appear on must include a contact for your organization. All rights reserved. Bienville Orthopaedic Specialists, L.L.C. 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 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. At least 20 Mississippi hospitals received PPP money, with numerous dentists' and doctors' offices also getting the loans. 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. We center readers in everything we do, informingand engagingMississippians through reporting, podcasts, events and online communities. According to the data set, these loans will allow the businesses to retain a total of 412,492 jobs. Clarification: The story has been edited to clarify that franchisees of national chains applied and received PPP loans rather than the chains corporate bodies. 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. You have to credit Mississippi Today. 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. A total of 45,812 loans were distributed to Mississippi leading to a reported 412,461 jobs being retained. Release from the U.S. Department of Treasury. 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 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. If you share our stories on social media, please tag us in your posts using. 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. "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 Skip team has been one of the top resources in the US for SBA-related funding and other private funding options since 2020. The disclosure comes amid demands from Democrats for more transparency around the funds established as part of the $2 trillion CARES Act signed into law this spring. Please reload the page and try again. 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). - 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? 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. Keep this news free and accessible to all by becoming a member and giving a recurring donation of any amount today. There is not an exact figure because many of these loans are disclosed in ranges. Industries getting the largest share of net PPP dollars were health and social assistance, professional, scientific and technical services, construction and manufacturing. Changs, Legal Sea Foods and Silver Diner either received PPP loans or had investors connected to the company that did. Scallan said the agency is still encouraging small business owners to apply for grants at the following website: www.backtobusinessms.org. "This money helped us bridge a gap to keep people gainfully employed," the statement said. 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. 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. More than $30 billion in loans were returned overall, senior administration officials who declined to be named said Monday. 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. Most businesses applying for loans also did not disclose the gender of their ownership. - Vox.com, Conservative Theologically, but Liberal Politically | Gene Veith - Patheos, Who is Jonathan Swan, the reporter who grilled Trump? The U.S. government. Lawmakers have also pushed to find out if politicians or their families' have taken on funds from the program. Sign up for free newsletters and get more CNBC delivered to your inbox. Dig Deeper: See the full searchable list of who received Mississippi PPP loans. 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. to view this author's last article or 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. More than 50 companies reported that the funds would help them hold onto at least 400 employees. Lawmakers decided in mid-May to set aside $300 million of that money for small business owners. Those loans disclosed represent nearly three-fourths of total loan dollars approved, but a far smaller proportion of the number of actual loans. Copyright 2022 Winston County Journal | Terms of Use| Privacy Policy, More than $4 billion in PPP loans have now made its way to Mississippi after Congress approved another round of federal support this year. The average amount was about $69,000, the lowest in the country. Both businesses were approved to receive between $150,000 and $350,000 each. Republish our articles for free, online or in print, under a Creative Commons license. var divElement = document.getElementById('viz1594157587379'); 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); The data also included the demographics of borrowers, although two-thirds of the states borrowers declined to provide a gender and three-quarters declined to provide a race or ethnicity. You have to credit Mississippi Today.
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