mississippi ppp loan recipients list

In total, over 79,000 businesses in Mississippi have been approved for PPP loans. St. Andrew's Episcopal Day School in Ridgeland got at least $2 million. Who will win? CNBC's Kate Rogers, Betsy Spring, Kevin Breuninger and Kayla Tausche contributed to this report. Wochit. 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. 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. For PPP Loans under $150,000 in Mississippi click here. Some 3,890 Mississippi companies received PPP loans in excess of $150,000. Read more. Otherwise, it carries a 1 percent interest rate and must be repaid within two years. His work has appeared in the Boston Globe, Open Secrets, and on NBC.com. The loan data also include demographics of the borrowers, although most businesses left those fields blank. 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. 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. While many companies did not provide demographic information, the data suggests the vast majority of money went to white-owned businesses. The loan data also include demographics of the borrowers, although most businesses left those fields blank. 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. 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. This table shows the top 5 industries in Mississippi by number of loans awarded, with average loan amounts and number of jobs reported. They and many more companies ultimately returned the money after public outcry. Each small business was supposed to receive a $2,000 check. The grant program is being overseen by the Mississippi Development Authority, which has contracted with a company to help run it. More than 50 individual churches received $150,000 or more. 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? examining federal efforts to prevent, detect, and prosecute pandemic relief fraud to safeguard funds for all eligible americans 117th congress (2021-2022) Clear, with a low around 41. If you do not have an existing account, you can also easily use an existing Google, Facebook or Apple account. The program was initially rolled out in April, offering $349 billion to small businesses. According to DOR spokesman Jacob Manley, the agency has sent out checks to 11,905 businesses for a total of $23.6 million, which isabout a third of what the program was supposed to distribute. Alex Rozier, from New York City, is Mississippi Todays data and environment reporter. The average amount was about $69,000, the lowest in the country. Disbursements to Mississippi businesses ranged from $100 to a $10 million loan, which went to Staff Pro LLC, an employment agency in Gulfport. If you are an existing Print subscriber click HERE for your login info. 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.. 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. - 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 Ayn Rand Institute received a loan and defended it on Twitter. - The Atlantic, The Fountainhead Reading Group with Andrew Bernstein - The Objective Standard, Copyright 2000 to 2023 Prometheism Transhumanism Post Humanism. There was an error and we couldn't process your subscription. In fact, McDonalds, Sonic, Applebees and General Motors each received more in loans for their Mississippi locations than any of the states non-franchise businesses. The Ayn Rand Institute received a loan and defended it on Twitter. 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. Below is a list of South Mississippi business that received PPP loans . Butler Snow, among the state's most powerful law firms, was able to retain 486 jobs thanks to the $5-10 million it received, according to PPP data. Please reload the page and try again. 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. - Gold Derby, Books review: What to read in October - Reader's Digest, Democrats dig the graves of freedom and prosperity - Washington Times, Baseball and Yom Kippur: Is there a Koufax curse? Assisted Living Facilities for the Elderly, Fabricated Structural Metal Manufacturing, Plumbing, Heating, and Air-Conditioning Contractors, Other Commercial and Industrial Machinery and Equipment Rental and Leasing, Yalobusha General Hospital And Nursing Home, Electrical Contractors and Other Wiring Installation Contractors. 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 Retzer Group, which operates McDonald's franchises, got at least $5 in PPP money. About 87% of the loans were for less than $150,000, according . Other major law firms, such asForman Watkins & Krutz, Watkins & Eager,Brunini Grantham Grower & Hewes, and Schwartz and Associates, got millions of dollars through PPP. Got a confidential news tip? Graphics by CNBC's John Schoen. In total, over 79,000 businesses in Mississippi have been approved for PPP loans. In Mississippi, nearly all 96% of loans were directed towards payrolls. 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. Editorial cartoons and photo essays are not included under the Creative Commons license and therefore do not have the "Republish This Story" button option. Click hereto download Paycheck Protection Program loan data by state for loans of $150,000 and above. Religious groups in the state received between $53 and $80 million, spread across 80 different organizations. 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. This is NOT a directory of companies that received a loan using SBA.com loan request service. At least 20 Mississippi hospitals received PPP money, with numerous dentists' and doctors' offices also getting the loans. Credit: Eric J. Shelton/Mississippi Today, If you are an existing Print subscriber click. Our stories may appear on pages with ads, but not ads specifically sold against our stories. Please reload the page and try again. - 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. The U.S. government has released a list of businesses that have received emergency pandemic loans of $150,000 or more. 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. - 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. The Paycheck Protection Program loans were doled out as the coronavirus pandemic shuttered the U.S. economy. You can only publish select stories individually not as a collection. The program has about $132 billion in funding remaining. By joining our newsletter, you are confirming that you agree with the Privacy Policy, Frank Corder is a native of Pascagoula. Why PPP Loan Recipients in Mississippi Could Be at Risk To republish online, simply click the button, copy the html code and paste into your Content Management System (CMS). This work is licensed under a Creative Commons Attribution-NoDerivatives 4.0 International License. [The full list is available on the Small Business Administration website, which you can access here.]. 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. 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. The program is part of the Coronavirus Aid, Relief and Economic Security Act President Donald Trump signed. The U.S. government has released a list of businesses that have received emergency pandemic loans of $150,000 or more. - Fillmore County Journal, Why Are Members of Congress Allowed to Trade Stocks? The data only identifies companies with loans worth more than $150,000. To learn more about our cartoon syndication services. They included Jackson Academy and Jackson Prep, which both received at least $1 million. 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. Copyright 2022 PPP Directory. - 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. 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. Todays data shows that small businesses of all types and across all industries benefited from this unprecedented program. Transportation Secretary Elaine Chao's family's business, Foremost Maritime, got a loan valued at between $350,000 and $1 million. The published data now include specific amounts businesses have received, as well as the names of places that got smaller loans. Search PPP Loan List in Mississippi Small Business Administration (SBA) released a list of all the businesses their loan amount with Bank and business details. 177878 177879 The Associated Press contributed to this report. Frank has served his community in both elected and appointed public office, hosted his own local radio and television programs, and managed private businesses all while being an engaged husband and father. All Rights Reserved. - 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? We do not sell or share your information with anyone. 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. 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. Bankers, lawyers, and consultants told Business Insider that the volume of pre-approved loans will soak up the second round of funding.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. 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), Legislatures top leaders test positive for coronavirus, Creative Commons Attribution-NoDerivatives 4.0 International License, Proudly powered by Newspack by Automattic. following organizations: Whoops! Businesses who qualified hair salons, gyms, certain retail stores and many others were supposed to be sent the $2,000 check automatically.

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