To learn more about our cartoon syndication services. The program is part of the Coronavirus Aid, Relief and Economic Security Act President Donald Trump signed. TGI Fridays, which is backed by private equity firm TriArtisan Capital Advisors, received at least $5 million. Grace Pateras and Joe Harrington contributed to this story. Mississippi PPP loan recipients: Search the full list - The Clarion-Ledger Report it to the Small Business Administrations with just a few clicks. For example: trucking , hospice , television , Kasowitz Benson Torres , 90210 , Sole. 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. Bankers, lawyers, and consultants told Business Insider that the volume of pre-approved loans will soak up the second round of funding. 45,815 Mississippi companies receive PPP loans Transportation Secretary Elaine Chao's family's business, Foremost Maritime, got a loan valued at between $350,000 and $1 million. 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. Mississippi PPP Loans 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. In Mississippi, nearly all 96% of loans were directed towards payrolls. There is not an exact figure because many of these loans are disclosed in ranges. Medical businessessuffered deep revenue losses during the pandemic as normal lucrative procedures and treatments were put on pause to handle the virus. The goal is to fund small businesses that have been economically impacted due to the coronavirus pandemic. 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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. Both businesses were approved to receive between $150,000 and $350,000 each. At least eight country clubs, such as the Diamondhead Country Club and Jackson Country Club, got approved for PPP money. Narrow the list by typing in a business or city name. The largest loans were only. 2023 www.clarionledger.com. Of the Mississippi businesses that did answer, 75 percent were male, and 83 percent were white. 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). $150K - $350K: 2,358 Recipients. 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. ben suarez bread / joseph wiley kim burrell / list of ppp loan recipients by name california. All Rights Reserved. Grace Pateras and Joe Harrington contributed to this story. 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. Alex Rozier, from New York City, is Mississippi Todays data and environment reporter. Jared Kushner's parents' family foundation supports the school, NBC News reported. ms PPP Loan Data Wochit. Examining Federal Efforts to Prevent, Detect, and Prosecute Pandemic - 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? See PPP Loans Recipients In Mississippi 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. The Roman Catholic dioceses in California, New York, Nevada, Tennessee and Kentucky also received loans. For nearly two decades, he has reported and offered analysis on government, public policy, business and matters of faith. You cant edit our stories, except to reflect relative changes in time, location and editorial style. On average, businesses in the state received about $7,000 per employee. Niche movie theater chain Alamo Drafthouse received a loan of at least $5 million. Here's who got PPP loans in Mississippi - The Clarion-Ledger 177878 177879 Which South Miss. businesses received PPP loans - WLOX The largest loans were only recorded in the data as ranges. Why PPP Loan Recipients in Mississippi Could Be at Risk 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. Search PPP Loan list in Mississippi Grace Pateras and Joe Harrington contributed to this story. Alex Rozier, from New York City, is Mississippi Todays data and environment reporter. 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. following organizations: Whoops! 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. A total of 45,812 loans were distributed to Mississippi leading to a reported 412,461 jobs being retained. Several other companies, shown below, received enough in loans to pay each employee over six figures. Companies said that the funding supported more than 51 million jobs. In Mississippi, nearly all 96% of loans were directed towards payrolls. While the aim of the program was to aid ailing companies with less than 500 employees, its effectiveness has remained unclear. 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.. Central Mississippi Civic Improvement Association, Inc. Commercial and Institutional Building Construction, Seafood Product Preparation and Packaging, East Mississippi Electric Power Association. Mississippi - PPP Funded Companies - SBA Scallan said the agency is still encouraging small business owners to apply for grants at the following website: www.backtobusinessms.org. Changs, Legal Sea Foods and Silver Diner either received PPP loans or had investors connected to the company that did. The Ayn Rand Institute received a loan and defended it on Twitter. 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. Any amount helps us keep producing quality journalism for Mississippi. 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. Most did not respond. Time will tell, Creative Commons Attribution-NoDerivatives 4.0 International License, Proudly powered by Newspack by Automattic. Contact Giacomo "Jack" Bologna at 601-961-7282 or gbologna@gannett.com. PPP Loan Search MS Companies that maintain most of their payroll through the span of the loan may convert those funds into a grant. to see all of their content. The program was initially rolled out in April, offering $349 billion to small businesses. 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 company is investing $2.4 million in their Mississippi operation and adding 32 new jobs. Across the country, more than 660,000 businesses received $150,000 or up to the $10 million maximum from the small-business lending program. 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 full list is available on the Small Business Administration website, which you can access here.]. Clarification: The story has been edited to clarify that franchisees of national chains applied and received PPP loans rather than the chains corporate bodies. Northeast wind 0 to 5 mph. - 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? 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. 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. 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 do not sell or share your information with anyone. Republish our articles for free, online or in print, under a Creative Commons license. We center readers in everything we do, informingand engagingMississippians through reporting, podcasts, events and online communities. 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. Doctors offices, restaurants and car dealers were the top businesses in Mississippi to receive loans from the $2 trillion coronavirus relief package signed into law this spring. This field is for validation purposes and should be left unchanged. We prefer Author Name, Mississippi Today in the byline. 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 average amount was about $69,000, the lowest in the country. Just look at shares of one of the largest office REITs, whenheoriginallyimplied that theTrump administration would not disclose the names of participants, tried to take the restaurant chain public, More than $30 billion in loans were returned overall, forced to close shop as result of the pandemic. Dozens of private and charter schools got aid. The disclosure comes amid demands from Democrats for more transparency around the Paycheck Protection Program, or PPP, funds established as part of the $2 trillion CARES Act, which President Donald Trump signed this spring. The US government recently added a second round of $310 billion to PPP loan program. This is NOT a directory of companies that received a loan using SBA.com loan request service. So did theLos Angeles Lakers. champion wins almost $60,000 in 7th consecutive win, over $220,000 total - Press of Atlantic City, Will Amanda Seyfried (The Dropout) ride her Emmy high all the way to a SAG Award win? But thousands of Magnolia State companies also got the Small Business Administration aid without promising to retain any workers. Meanwhile, 78 white business owners received loans for at least $1 million. Some 3,890 Mississippi companies received PPP loans in excess of $150,000. The SBA states that the PPP program is designed to help small businesses keep workers on payroll. Data is a real-time snapshot *Data is delayed at least 15 minutes. Otherwise, it carries a 1 percent interest rate and must be repaid within two years. Most businesses applying for loans also did not disclose the gender of their ownership. 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. More than 40% of Black small business owners wereforced to close shop as result of the pandemic. Religious groups in the state received between $53 and $80 million, spread across 80 different organizations. More than $30 billion in loans were returned overall, senior administration officials who declined to be named said Monday. 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 law firm said in a statement that all of its employees across 12 states kept their jobs with no pay cuts. 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. At least two casino companies and a pair of yacht clubs on the Coast received funds as well. If you do not have an existing account, you can also easily use an existing Google, Facebook or Apple account. The loan data also include demographics of the borrowers, although most businesses left those fields blank. Click on a company's name to see additional loan details. No city is better suited to serve as a hub for innovation and growth than Gulfport, Mayor Hewes writes. More than $4 billion in PPP loans have now made its way to Mississippi after Congress approved another round of federal support this year. Sign up for free newsletters and get more CNBC delivered to your inbox. Search Latest PPP Loan List Global Business and Financial News, Stock Quotes, and Market Data and Analysis. You can only publish select stories individually not as a collection. Updated List of PPP and EIDL Loan Fraud Criminal Cases Help keep the momentum going by rejoining our member community today. More than 45,000 loans worth nearly $3.2 billion were approved in Mississippi by the Small Business Administration, according to Mississippi Bankers Association. Almost all of that money has yet to be distributed. Across the country, more than 660,000 businesses received $150,000 or up to the $10 million maximum from the small-business lending program. About 87% of the loans were for less than $150,000, according . 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