- profiles and social posts Time will tell, Creative Commons Attribution-NoDerivatives 4.0 International License, Proudly powered by Newspack by Automattic. Help keep the momentum going by rejoining our member community today. 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. PPP Loan Search MS The Mississippi Department of Revenue is in charge of distributing $60 million to businesses that were forced to close by the governor's orders. 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. - The Guardian, Shaker Heights actors to star in Zoom play: Press Run - cleveland.com, Masking Authoritarianism In The Name Of Public Health - CodeBlue, The Federal Reserve Works Best When It Sticks With Gold - Forbes, Government Grants Loan to Libertarian-Based Ayn Rand Institute - The Great Courses Daily News, Rest of the Story, Pandemic Edition : Planet Money - NPR, Law of Integrity the Joke's on Us - India Legal, No. The biggest loans went toconstruction contractors such as F.L. - the ability to be paid for posting 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. Our stories may appear on pages with ads, but not ads specifically sold against our stories. The average amount was about $69,000, the lowest in the country. Some 3,890 Mississippi companies received PPP loans in excess of $150,000. Companies that maintain most of their payroll through the span of the loan may convert those funds into a grant. 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. Bankers, lawyers, and consultants told Business Insider that the volume of pre-approved loans will soak up the second round of funding. 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. If you are an existing Print subscriber click HERE for your login info. 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. 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 Retzer Group, which operates McDonald's franchises, got at least $5 in PPP money. Keep this news free and accessible to all by becoming a member and giving a recurring donation of any amount today. The program has about $132 billion in funding remaining. Trump on Saturday signed the extension into law. 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. following organizations: Whoops! Loan Range No. So did theLos Angeles Lakers. To learn more about our cartoon syndication services. According to the data set, these loans will allow the businesses to retain a total of 412,492 jobs. Lawmakers decided in mid-May to set aside $300 million of that money for small business owners. More than 50 companies reported that the funds would help them hold onto at least 400 employees. The vast majority of those companies taking part in the program some 38,035 organizations received PPP loans less than $150,000. The curious cult of the friend of fascism | Anthony Daniels - The Critic, Ocean City 'Jeopardy!' The law firm where House Speaker Philip Gunn works, Wells Marble & Hurst, received between $350,000 and $1 million. Data released on small businesses receiving PPP loans during pandemic : NPR 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. 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. Read more. SBA and Treasury Release Names of PPP Loan Recipients At least a dozen prominent investment firms obtained hundreds of thousands of dollars in assistance each, with at least two saying the money would help retain zero jobs. The program caps forgiveness for salaries at $100,000 per employee, more than twice the states median household income. Who in Mississippi got Paycheck Protection Program loans during the pandemic? Most did not respond. 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. 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. See PPP Loans Recipients In Mississippi 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. 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. PAW Patrol Wasn't Canceled. The Treasury Department and Small Business Administration on Monday disclosed the names of businesses to whom they have lent more than $150,000 as part of the Paycheck Protection Program. A pedestrian wearing a protective mask walks past a Shake Shack restaurant in Washington, D.C., U.S., on Monday, April 20, 2020. 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. They and many more companies ultimately returned the money after public outcry. The Small Business Administration has released a list of businesses that have received emergency pandemic. Those loans represent nearly three-fourths of total loan dollars approved, but a far smaller proportion of the number of actual loans. We're dedicated to keeping Mississippians informed with our thorough reporting. 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. We're dedicated to keeping Mississippians informed with our thorough reporting. Wochit. - UnHerd, Advice: Im a woman of color often overlooked at work until people realize I outrank them - The Boston Globe, Ayn Rand | Biography, Books, & Facts | Britannica, Gen Z is looking for meaning this holiday season, but maybe not where we expect - Religion News Service, Cryptocurrency and the Shocking Revelation That White Supremacists Like Money - tntribune.com, Seahawks vs Texans Week 14 Picks and Predictions: Learning To Fly Again - Covers, Forza Horizon 5s amazing intro shows why its a huge hit on Game Pass - Polygon, Celeb Shelf: Instead of scrolling through my phone I read a book, shares actor-turned-author Jugal Hansraj - Free Press Journal. 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. 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). 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. Who will win? - Left Foot Forward, Frank Lloyd Wright Left 660 Unbuilt Designs And an Innovative New Project Brings Three of Those to Life - InsideHook, American Familia: David Morales on Grit, Self-Reliance, and the American Dream | Kerry McDonald - Foundation for Economic Education, Top 10 buildings in fiction - The Guardian, Trump can now count on Thiel, the hi-tech billionaire who finances his revenge Corriere.it - D1SoftballNews.com, Objectivism Q&A with Ben Bayer and Mike Mazza - New Ideal, Leftists And So-Called Christian Leaders Embrace Abortion As 'Sacred' - The Federalist, A Companion to Ayn Rand Now in Paperback - New Ideal, Happy birthday to the great Ayn Rand Daily Breeze, Randy Alcorn: Whats Wrong with America? 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. 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. 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. Democrats have sought assurances that programs established to help Main Street sufficiently reach those who most need it. 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. Mississippi PPP loan recipients: See the full searchable list of who Mississippi Paycheck Protection Program (PPP) Loans Your California Privacy Rights / Privacy Policy. 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. by Alex Rozier, Mississippi Today April 30, 2021, This article first appeared on Mississippi Today and is republished here under a Creative Commons license.. Millsaps, Tougaloo and Rust colleges each receivedbetween $2 million and $5 million. - 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. Those loans represent nearly three-fourths of total loan dollars approved, but a far smaller proportion of the number of actual 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. Revealed: How U.S. Gov't & Hollywood Secretly Worked Together to Justify Atomic Bombings of Japan - Democracy Now! Disbursements to Mississippi businesses ranged from $100 to a $10 million loan, which went to Staff Pro LLC, an employment agency in Gulfport. John Farrell, a Republican donor and real estate developer also received a PPP loan. Internationally, South Korean airline Korean Air received a PPP loan. 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. - South Carolina Public Radio, Did the John Birch Society Win in the End? Browse & Search CARES Act PPP Recipients Please reload the page and try again. Click on a company's name to see additional loan details. by Alex Rozier, Mississippi Today July 7, 2020, This article first appeared on Mississippi Today and is republished here under a Creative Commons license.. 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. [The full list is available on the Small Business Administration website, which you can access here.]. Separately, Mississippi is in the process of distributing grants to many small businesses using federal funds it received for virus relief. If you do not have an existing account, you can also easily register or login with an existing Google, Facebook or Apple account. The released data also include information about smaller loan recipients, but excluded their names. 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. - and much more! Mississippi PPP loan recipients: Search the full list - The Clarion-Ledger There is not an exact figure because many of these loans are disclosed in ranges. In total, over 79,000 businesses in Mississippi have been approved for PPP loans. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Mississippi PPP Fraud Attorney - John M. Colette & Associates We believe that an informed Mississippi is a better Mississippi. Updated July 25, 2022 Search for PPP loan applications by organization, lender, zip code and business type. The largest loans were only recorded in the data as ranges. LEARN MORE ABOUT WHO QUALIFIES BY CLICKING HERE. 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. Search Latest PPP Loan List Rep VickyHartzler, R-Mo., on Thursday disclosed that her family's businesses received nearly $480,000. 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. Got a confidential news tip? By joining our newsletter, you are confirming that you agree with the Privacy Policy, Frank Corder is a native of Pascagoula. The loan data also include demographics of the borrowers, although most businesses left those fields blank. Mississippi has a total of 138,392 businesses that received Paycheck Protection Program (PPP) loans from the Small Business Administration. Help us crowdsource fraud detection in the PPP program! You can only publish select stories individually not as a collection. Todays release includes loan-level data, including business names, addresses, NAICS codes, zip codes, business type, demographic data, non-profit information, name of lender, jobs supported, and loan amount ranges as follows: These categories account for nearly 75 percent of the loan dollars approved. Mississippi PPP loan recipients: See the full searchable list of who This company embraced the coronavirus economy and now it is hiring workers. 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. To republish online, simply click the button, copy the html code and paste into your Content Management System (CMS). 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?