mississippi ppp loan recipients list

Companies said that the funding supported more than 51 million jobs. There were several errors in the database, so it's not clear whether all the companies listed received the funds. Other major law firms, such asForman Watkins & Krutz, Watkins & Eager,Brunini Grantham Grower & Hewes, and Schwartz and Associates, got millions of dollars through PPP. You can review the data set released by Treasury and SBAto learn more about Mississippi PPP recipients. 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. All rights reserved. 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. The curious cult of the friend of fascism | Anthony Daniels - The Critic, Ocean City 'Jeopardy!' For all loans below $150,000, SBA is releasing all of the above information except for business names and addresses. Companies that maintain most of their payroll through the span of the loan may convert those funds into a grant. 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. 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. John Farrell, a Republican donor and real estate developer also received a PPP loan. All Data Obtained From the SBA. Editorial cartoons and photo essays are not included under the Creative Commons license and therefore do not have the "Republish This Story" button option. More than 45,000 loans worth nearly $3.2 billion were approved in Mississippi by the Small Business Administration, according to Mississippi Bankers Association. There is not an exact figure because many of these loans are disclosed in ranges. Help keep the momentum going by rejoining our member community today. Businesses linked to Gov. 2023 CNBC LLC. At least eight country clubs, such as the Diamondhead Country Club and Jackson Country Club, got approved for PPP money. Medical businessessuffered deep revenue losses during the pandemic as normal lucrative procedures and treatments were put on pause to handle the virus. The Small Business Administration has released a list of businesses that have received emergency pandemic. 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. Our stories may appear on pages with ads, but not ads specifically sold against our stories. A searchable database of federal 2020 Paycheck Protection Program loans. Click on a company's name to see additional loan details. In total, over 79,000 businesses in Mississippi have been approved for PPP loans. Contact Giacomo "Jack" Bologna at 601-961-7282 or gbologna@gannett.com. By clicking submit, you agree to share your email address with Mississippi Today. Included in the data were car dealerships, nonprofit organizations, churches, oil and gas industry support companies, medical practices, zoos, law firms, and colleges. Search MS Businesses Results @lukerehmann The Skip team has been one of the top resources in the US for SBA-related funding and other private funding options since 2020. 2023 www.clarionledger.com. - 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. Those loans represent nearly three-fourths of total loan dollars approved, but a far smaller proportion of the number of actual loans. CNBC's Kate Rogers, Betsy Spring, Kevin Breuninger and Kayla Tausche contributed to this report. We center readers in everything we do, informingand engagingMississippians through reporting, podcasts, events and online communities. PPP loans helped businesses retain nearly 48,000 employees in our state. His work has appeared in the Boston Globe, Open Secrets, and on NBC.com. MDA Spokeswoman Melissa Scallan said MDA is currently reviewing applications and could be issuing checks as early as this week or next week. 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. 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. There is further data we're working on for the loans under $150k however so check back in the future for that. Summary of PPP Loans in Mississippi. The U.S. government. Lawmakers have also pushed to find out if politicians or their families' have taken on funds from the program. The Paycheck Protection Program loans were doled out as the coronavirus pandemic shuttered the U.S. economy. A spokesperson for the Agriculture Department said Perdue Inc., a trucking service, said the loan was for about $182,000 and supported 27 jobs. 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. 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. 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. 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. For a full breakdown of which businesses received loans of $150,000 or more, see the tables below: !function(){"use strict";window.addEventListener("message",(function(a){if(void 0!==a.data["datawrapper-height"])for(var e in a.data["datawrapper-height"]){var t=document.getElementById("datawrapper-chart-"+e)||document.querySelector("iframe[src*='"+e+"']");t&&(t.style.height=a.data["datawrapper-height"][e]+"px")}}))}(); Disclosure: Mississippi Today sought a Paycheck Protection Program loan, which has been approved and disbursed. Otherwise, it carries a 1 percent interest rate and must be repaid within two years. In total, over 79,000 businesses in Mississippi have been approved for PPP loans. Almost 4,000 women-owned businesses reported receiving loans. Does something look fishy to you? Clear, with a low around 41. For example: trucking , hospice , television , Kasowitz Benson Torres , 90210 , Sole. If you share our stories on social media, please tag us in your posts using. Dig Deeper: See the full searchable list of who received Mississippi 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. Here's What's Wrong With Ayn Rand's Philosophy - The Objective Standard, Did the John Birch Society Win in the End? 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. Some 3,890 Mississippi companies received PPP loans in excess of $150,000. following organizations: Whoops! 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.. 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. Last month, Congress passed a bill easing the terms for how businesses can use the funds and qualify for forgiveness. Who in Mississippi got Paycheck Protection Program loans during the pandemic? The company is investing $2.4 million in their Mississippi operation and adding 32 new jobs. Three Hispanic, two Asian and zero American Indian businesses reported receiving at least that amount. At least two casino companies and a pair of yacht clubs on the Coast received funds as well. You can only publish select stories individually not as a collection. With your help, we've gotten a lot done but we're not finished yet! a proud member of the 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. Heatmap of PPP Loans by Zip Code in Mississippi, Number of Loans Issued by Date in Mississippi, Summary of PPP Loans by County in Mississippi, Top 25 Cities in Mississippi by Number of PPP Loans. The goal is to fund small businesses that have been economically impacted due to the coronavirus pandemic. Disbursements to Mississippi businesses ranged from $100 to a $10 million loan, which went to Staff Pro LLC, an employment agency in Gulfport. More than 50 companies reported that the funds would help them hold onto at least 400 employees. There was an error and we couldn't process your subscription. Larger and public companies initially took advantage of loosely written language to tap the funds for themselves. Mississippi companies reported the aid will help them retain about 412,000 jobs about one-third of the state's total workforce. 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. This work is licensed under a Creative Commons Attribution-NoDerivatives 4.0 International License. !function(){"use strict";window.addEventListener("message",(function(a){if(void 0!==a.data["datawrapper-height"])for(var e in a.data["datawrapper-height"]){var t=document.getElementById("datawrapper-chart-"+e)||document.querySelector("iframe[src*='"+e+"']");t&&(t.style.height=a.data["datawrapper-height"][e]+"px")}}))}(); Disclosure: In 2020, Mississippi Today sought a Paycheck Protection Program loan, which was approved and disbursed. Follow him on Twitter @gbolognaCL. 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. 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. Dozens of private and charter schools got aid. If you do not have an existing account, you can also easily register or login with an existing Google, Facebook or Apple account. Data on who got them was recently released after pressure from news organizations and lawmakers. With your help, we've gotten a lot done but we're not finished yet! By joining our newsletter, you are confirming that you agree with the Privacy Policy, Frank Corder is a native of Pascagoula. 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. 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? You cant edit our stories, except to reflect relative changes in time, location and editorial style. Keep this news free and accessible to all by becoming a member and giving a recurring donation of any amount today. LEARN MORE ABOUT WHO QUALIFIES BY CLICKING HERE. 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. We prefer Author Name, Mississippi Today in the byline. 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 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. 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 Clarion Ledger reached out to several companies that received at least $5 million through the program. The overwhelming majority of owners who received PPP loans legitimately used the money to retain employees and stay operational. 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. Read more. The association said the "vast majority" of the loans originated at banks headquartered in the state. Eastern Fishing And Rental Tool Co., Inc. Support Activities for Oil and Gas Operations, All Other Professional, Scientific, and Technical Services, Motorcycle, ATV, and All Other Motor Vehicle Dealers, Grain and Field Bean Merchant Wholesalers, Specialized Freight (except Used Goods) Trucking, Long-Distance, Agriculture, Forestry, Fishing and Hunting, Lessors of Residential Buildings and Dwellings, Other Miscellaneous Durable Goods Merchant Wholesalers, Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing, Corporate, Subsidiary, and Regional Managing Offices, Colleges, Universities, and Professional Schools, Farm and Garden Machinery and Equipment Merchant Wholesalers, Plastics Material and Resin Manufacturing, Mississippi Tank And Manufacturing Company, Truck, Utility Trailer, and RV (Recreational Vehicle) Rental and Leasing, Pearl River Valley Electric Power Association, Progressive Medical Management Of Batesville, LLC, Region VII Mental Health Intellectual Disabilities Commission, Outpatient Mental Health and Substance Abuse Centers, Supermarkets and Other Grocery (except Convenience) Stores, Gasoline Stations with Convenience Stores. We're dedicated to keeping Mississippians informed with our thorough reporting. This field is for validation purposes and should be left unchanged. 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. Those loans represent nearly three-fourths of total loan dollars approved, but a far smaller proportion of the number of actual loans. 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. 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. Wochit. Changs, Legal Sea Foods and Silver Diner either received PPP loans or had investors connected to the company that did. The Roman Catholic dioceses in California, New York, Nevada, Tennessee and Kentucky also received loans. To republish online, simply click the button, copy the html code and paste into your Content Management System (CMS). Those loans disclosed represent nearly three-fourths of total loan dollars approved, but a far smaller proportion of the number of actual loans. Restaurant chains like P.F. No city is better suited to serve as a hub for innovation and growth than Gulfport, Mayor Hewes writes. Across the country, more than 660,000 businesses received $150,000 or up to the $10 million maximum from the small-business lending program. We do not sell or share your information with anyone. You have to credit Mississippi Today. Perdue's adult children are 99% stakeholders in a trust that indirectly owns the company, and the secretary did not have any influence on the SBA's loan decisions or the company's decision to apply for aid, the spokesperson said. The SBA states that the PPP program is designed to help small businesses keep workers on payroll. Narrow the list by typing in a business or city name. 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. 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. 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. by Alex Rozier, Mississippi Today April 30, 2021, This and is republished here under a Creative Commons license.. Wochit. At least 20 Mississippi hospitals received PPP money, with numerous dentists' and doctors' offices also getting the loans. Copyright 2022 PPP Directory. Several other companies, shown below, received enough in loans to pay each employee over six figures.

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