His work has appeared in the Boston Globe, Open Secrets, and on NBC.com. The curious cult of the friend of fascism | Anthony Daniels - The Critic, Ocean City 'Jeopardy!' Search through Mississippi businesses that benefited from the Paycheck Protection Program with our database by searching below. All Data Obtained From the SBA. The U.S. government has released a list of businesses that have received emergency pandemic loans of $150,000 or more. Loan Range No. 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. Todays data shows that small businesses of all types and across all industries benefited from this unprecedented program. Copyright 2022 PPP Directory. The vast majority of those companies taking part in the program some 38,035 organizations received PPP loans less than $150,000. Credit: Eric J. Shelton/Mississippi Today, If you are an existing Print subscriber click. 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. About 87% of the loans were for less than $150,000, according to the SBA. Any web site our stories appear on must include a contact for your organization. Read more. 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. Those loans represent nearly three-fourths of total loan dollars approved, but a far smaller proportion of the number of actual loans. The largest loans were only recorded in the data as ranges. Most of those that answered were white and male-owned, shown below: Use the tables below for full lists of Misssissippi's PPP recipients, by business and industry: -- Article credit to Alex Rozier of Mississippi Today --. Other major law firms, such asForman Watkins & Krutz, Watkins & Eager,Brunini Grantham Grower & Hewes, and Schwartz and Associates, got millions of dollars through PPP. And what do kangaroos have to do with it? By clicking submit, you agree to share your email address with Mississippi Today. Mississippi has a total of 138,392 businesses that received Paycheck Protection Program (PPP) loans from the Small Business Administration. - 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. Based on data from National Weather Service and OpenWeather. Search through Mississippi businesses that benefited from the Paycheck Protection Program with our database by searching below. Changs, Legal Sea Foods and Silver Diner either received PPP loans or had investors connected to the company that did. Grace Pateras and Joe Harrington contributed to this story. Keep this news free and accessible to all by becoming a member and giving a recurring donation of any amount today. Scallan said the agency is still encouraging small business owners to apply for grants at the following website: www.backtobusinessms.org. The PPP Loan Fraud List - PPP Fraud | Who got a PPP LOAN 2021 P Mathis The Accountant 4.83K subscribers Subscribe 2.1K Share 113K views Streamed 1 year ago Are you considering applying for. Any amount helps us keep producing quality journalism for Mississippi. 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). All rights reserved. Time will tell, Creative Commons Attribution-NoDerivatives 4.0 International License, Proudly powered by Newspack by Automattic. This is NOT a directory of companies that received a loan using SBA.com loan request service. Jared Kushner's parents' family foundation supports the school, NBC News reported. 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. 2023 CNBC LLC. Last month, Congress passed a bill easing the terms for how businesses can use the funds and qualify for forgiveness. Medical businessessuffered deep revenue losses during the pandemic as normal lucrative procedures and treatments were put on pause to handle the virus. Otherwise, it carries a 1 percent interest rate and must be repaid within two years. 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. The U.S. government has released a list of businesses that have received emergency pandemic loans of $150,000 or more. Report it to the Small Business Administrations with just a few clicks. Grace Pateras and Joe Harrington contributed to this story. 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. Gov. The US government recently added a second round of $310 billion to PPP loan program. - Newsweek, Objectivism Q&A with Ben Bayer and Dan Schwartz - New Ideal, Book Banning Is Wrong Unless It Gets Me Out of Helping My Kid With His Homework - The Hard Times, THE TEACHER'S DESK: Breaking the Rules | Opinion | thetimestribune.com - Times Tribune of Corbin, If Big Ten didnt just add lucrative programs like USC but trimmed stragglers, whod get the boot? Republish our articles for free, online or in print, under a Creative Commons license. | Jones - PennLive, A high point of our time in southern Alberta, Canada - Patheos, 4 Pillars of The Illusion | C. Don Jones - Patheos, The Philosophic Case for the Absolute Right to Abortion - New Ideal, R2AK: Will monohulls sweep the podium? Businesses linked to Gov. Some firms said they didn't receive or apply for the money they're listed as getting. 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 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. Ambassador to Tanzania. According to the data set, these loans will allow the businesses to retain a total of 412,492 jobs. Please reload the page and try again. In Mississippi, 17 businesses received loans between $5-$10 million, the highest range of funding. 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. More than $4 billion in PPP loans have now made its way to Mississippi after Congress approved another round of federal support this year. The U.S. government has released a list of businesses that have received emergency pandemic loans of $150,000 or more. 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). 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. Click on a company's name to see additional loan details. Search MS Businesses Results @lukerehmann Most did not respond. Changs, Legal Sea Foods and Silver Diner either received PPP loans or had investors connected to the company that did. Internationally, South Korean airline Korean Air received a PPP loan. The goal is to fund small businesses that have been economically impacted due to the coronavirus pandemic. This work is licensed under a Creative Commons Attribution-NoDerivatives 4.0 International License. 2023 Magnolia Tribune. 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. Here's What's Wrong With Ayn Rand's Philosophy - The Objective Standard, Did the John Birch Society Win in the End? For the most part, Mississippis recipients were small individual businesses over 80% reported 10 or fewer employees, and only 1% were part of a franchise. 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. Meanwhile, 78 white business owners received loans for at least $1 million. You can search the SBA's entire PPP loan data below. To republish online, simply click the button, copy the html code and paste into your Content Management System (CMS). here Millsaps, Tougaloo and Rust colleges each receivedbetween $2 million and $5 million. At least eight country clubs, such as the Diamondhead Country Club and Jackson Country Club, got approved for PPP money. to see all of their content. Revealed: How U.S. Gov't & Hollywood Secretly Worked Together to Justify Atomic Bombings of Japan - Democracy Now! 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. The program was initially rolled out in April, offering $349 billion to small businesses. The released data also include information about smaller loan recipients, but excluded their names. The SBA states that the PPP program is designed to help small businesses keep workers on payroll. 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 PPP loans are designed to keep people on the job, and can be forgiven if the funds are used on payroll and similar expenses. 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. The Associated Press contributed to this report. - South Carolina Public Radio, Did the John Birch Society Win in the End? 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. 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. 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. Some 3,890 Mississippi companies received PPP loans in excess of $150,000. PPP Small Business Relief Will Likely Not Help All. - two free years of archived e-Editions "We made a commitment to our employees at the outset of this crisis that we would take every action available to us to keep everyone healthy, paid, working and productive," the statement said. There were several errors in the database, so it's not clear whether all the companies listed received the funds. PPP Loans List. 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. A total of 45,812 loans were distributed to Mississippi leading to a reported 412,461 jobs being retained. 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. 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. 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. 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. TGI Fridays, which is backed by private equity firm TriArtisan Capital Advisors, received at least $5 million. So did theLos Angeles Lakers. Trump on Saturday signed the extension into law. Click Internationally, South Korean airline Korean Air received a PPP loan. - Study Breaks, Get Ready for a Week of Unhinged Attacks on Biden and Harris - The Bulwark. 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.