Almost 4,000 women-owned businesses reported receiving loans. Based on data from National Weather Service and OpenWeather. Any web site our stories appear on must include a contact for your organization. In Mississippi, nearly all 96% of loans were directed towards payrolls. St. Andrew's Episcopal Day School in Ridgeland got at least $2 million. Here's who got PPP loans in Mississippi - The Clarion-Ledger We center readers in everything we do, informingand engagingMississippians through reporting, podcasts, events and online communities. 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). A handful of Mississippi's private colleges also received assistance. The program is part of the Coronavirus Aid, Relief and Economic Security Act President Donald Trump signed. Three Hispanic, two Asian and zero American Indian businesses reported receiving at least that amount. The Ayn Rand Institute, named for the objectivist writer cited as an influence on libertarian thought, was approved for $350,000 to $ 1 million. See PPP Loans Recipients In Mississippi 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. Coronavirus stimulus: List of PPP small business loan recipients - CNBC He is a frequent guest on radio and television, providing insight and commentary on the inner workings of the Magnolia State. The online vehicle marketplace company quadrupled its sales in just one year after beginning operation in January 2021. 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. The Ayn Rand Institute received a loan and defended it on Twitter. Editorial cartoons and photo essays are not included under the Creative Commons license and therefore do not have the "Republish This Story" button option. Wochit. Posted on February 27, 2023 by laguardia airport food terminal c 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. 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. By clicking submit, you agree to share your email address with Mississippi Today. 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. Does something look fishy to you? PPP loans helped businesses retain nearly 48,000 employees in our state. Search through Mississippi businesses that benefited from the Paycheck Protection Program with our database by searching below. Search Latest PPP Loan List The Paycheck Protection Program loans were doled out as the coronavirus pandemic shuttered the U.S. economy. More than $30 billion in loans were returned overall, senior administration officials who declined to be named said Monday. 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. - Vox.com, Conservative Theologically, but Liberal Politically | Gene Veith - Patheos, Who is Jonathan Swan, the reporter who grilled Trump? $350K - $1M: 1,107 Recipients. Many colleges have taken a financial hit after refunding students for room, board and other fees that come with attending class in-person. Keep this news free and accessible to all by becoming a member and giving a recurring donation of any amount today. According to Business Insider, you may be out of luck and too late to receive funding. The largest loans were only. This disclosure covers each of the 4.9 million PPP loans that have been made. Otherwise, it carries a 1 percent interest rate and must be repaid within two years. Yet dozens of large national chains came away with millions in loans on behalf of their Mississippi locations; McDonalds, for instance, received $14.8 million to support 28 locations in the state, despite being a multinational corporation that made $4.7 billion in profit last year. 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. Otherwise, it carries a 1 percent interest rate and must be repaid within two years. following organizations: Whoops! ben suarez bread / joseph wiley kim burrell / list of ppp loan recipients by name california. Northeast wind 0 to 5 mph. LEARN MORE ABOUT WHO QUALIFIES BY CLICKING HERE. 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. Credit: Eric J. Shelton/Mississippi Today, If you are an existing Print subscriber click. Loan Range No. In total, over 79,000 businesses in Mississippi have been approved for PPP loans. "The CARES Act was an umbrella act that distributed tons of money. 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. On average, businesses in the state received about $7,000 per employee. Religious groups in the state received between $53 and $80 million, spread across 80 different organizations. Changs, Legal Sea Foods and Silver Diner either received PPP loans or had investors connected to the company that did. Gov. 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. Trump on Saturday signed the extension into law. to view this author's last article or The law firm where House Speaker Philip Gunn works, Wells Marble & Hurst, received between $350,000 and $1 million. 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. After those funds quickly ran out, the government replenished the program with an additional $310 billion. 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. All rights reserved. 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. Grace Pateras and Joe Harrington contributed to this story. A total of 45,812 loans were distributed to Mississippi leading to a reported 412,461 jobs being retained. Sign up for free newsletters and get more CNBC delivered to your inbox. Meanwhile, 78 white business owners received loans for at least $1 million. PPP Loans List :: PPP Detective to see all of their content. Mississippi companies reported the aid will help them retain about 412,000 jobs about one-third of the state's total workforce. And what do kangaroos have to do with it? Niche movie theater chain Alamo Drafthouse received a loan of at least $5 million. Which South Miss. businesses received PPP loans - WLOX 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. 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. We center readers in everything we do, informingand engagingMississippians through reporting, podcasts, events and online communities. The Clarion Ledger reached out to several companies that received at least $5 million through the program. 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 published data now include specific amounts businesses have received, as well as the names of places that got smaller loans. Any amount helps us keep producing quality journalism for Mississippi. Businesses in economically distressed areas as designated by the SBA got nearly 23% of the loan money, while companies in rural areas received about 15% of the funds. If you share our stories on social media, please tag us in your posts using. Who will win? Graphics by CNBC's John Schoen. Narrow the list by typing in a business or city name. Email Frank: frank@magnoliatribune.com. No city is better suited to serve as a hub for innovation and growth than Gulfport, Mayor Hewes writes. You cant edit our stories, except to reflect relative changes in time, location and editorial style. 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. 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. 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. Search MS Businesses Results @lukerehmann By joining our newsletter, you are confirming that you agree with the Privacy Policy, Frank Corder is a native of Pascagoula. 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. 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. PPP list: Who received federal loans in Mississippi? 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. This company embraced the coronavirus economy and now it is hiring workers. Mississippi PPP Funded Companies This directory is composed of all companies that have received loans under the Paycheck Protections Program according to data provided by the U.S. Treasury. 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? While many companies did not provide demographic information, the data suggests the vast majority of money went to white-owned businesses. here 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. A total of 45,812 loans were distributed to Mississippi leading to a reported 412,461 jobs being retained. - 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. You have to credit Mississippi Today. You have to credit Mississippi Today. All Rights Reserved. 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 curious cult of the friend of fascism | Anthony Daniels - The Critic, Ocean City 'Jeopardy!' 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. Those loans disclosed 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. The loan data also include demographics of the borrowers, although most businesses left those fields blank. More than 50 companies reported that the funds would help them hold onto at least 400 employees. 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. 2023 - Land Title Association of Mississippi, Supreme Court will hear a case challenging CFPB funding, ALTA Applauds Passage of SECURE Notarization Act in the House of Representatives, Title Companys Crime Policy Covers Fraudulent Wire Transfer, Central Florida Court Research and Document Retrieval. But of those that did, men-owned businesses receiving loans outnumbered women-owned firms by about three-to-one. Other major law firms, such asForman Watkins & Krutz, Watkins & Eager,Brunini Grantham Grower & Hewes, and Schwartz and Associates, got millions of dollars through PPP. The vast majority of Mississippi loan recipients,more than 30,000,did not appear to provide information in their applications about race and ethnicity of ownership. - 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? - 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. U.S. Treasury releases listing of PPP loan recipients per state Republish our articles for free, online or in print, under a Creative Commons license. The average amount was about $69,000, the lowest in the country. 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. Companies applying had to show that "economic uncertainty makes this loan request necessary to support the ongoing operations" of the company, as well as an inability "to access other sources of liquidity, according to the SBA. - Science Based Medicine, O'Donnell: Will the NBA's new red-light camera calls ruin The Finals for ABC/ESPN? Copyright 2022 PPP Directory. John Farrell, a Republican donor and real estate developer also received a PPP loan. 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. Trusted Partners Your Business? 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. 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. It has approved 4.9 million loans for a total of more than $521 billion. Disbursements to Mississippi businesses ranged from $100 to a $10 million loan, which went to Staff Pro LLC, an employment agency in Gulfport.

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