mississippi ppp loan recipients list mississippi ppp loan recipients list

You gain access to: Restaurant chains like P.F. A former Mississippi prison guard has been sentenced to three years of probation for COVID relief fraud. - Noozhawk, Happy birthday to the great Ayn Rand - OCRegister, Letter to the editor about Clowns to the left of me, jokers to the right. Look for the "Republish This Story" button underneath each story. "The CARES Act was an umbrella act that distributed tons of money. The online vehicle marketplace company quadrupled its sales in just one year after beginning operation in January 2021. - the ability to be paid for posting To republish online, simply click the button, copy the html code and paste into your Content Management System (CMS). The House of Representatives followed the Senate in passing a measure Wednesday to extend the program's application deadline from June 30 to Aug. 8. 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. 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. 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. Mississippi companies reported the aid will help them retain about 412,000 jobs about one-third of the state's total workforce. The PPP is providing much-needed relief to millions of American small businesses, supporting more than 51 million jobs and over 80 percent of all small business employees, who are the drivers of economic growth in our country, said Secretary Steven T. Mnuchin. By industry: 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. The Small Business Administration released a list of the businesses borrowing between $150,000 and $10 million under the loan program after members of Congress and media organizations pressured. Businesses who qualified hair salons, gyms, certain retail stores and many others were supposed to be sent the $2,000 check automatically. Several other companies, shown below, received enough in loans to pay each employee over six figures. 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. 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. Those loans represent nearly three-fourths of total loan dollars approved, but a far smaller proportion of the number of actual loans. And what do kangaroos have to do with it? 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. See the full searchable list of who received Mississippi PPP loans, law firm where House Speaker Philip Gunn works, Businesses with ties to Tate Reeves received loans, Your California Privacy Rights/Privacy Policy. This disclosure covers each of the 4.9 million PPP loans that have been made. More than 45,000 loans worth nearly $3.2 billion were approved in Mississippi by the Small Business Administration, according to Mississippi Bankers Association. following organizations: Whoops! Bankers, lawyers, and consultants told Business Insider that the volume of pre-approved loans will soak up the second round of funding. The vast majority of those companies taking part in the program some 38,035 organizations received PPP loans less than $150,000. Any web site our stories appear on must include a contact for your organization. As was the case after the first round of the Paycheck Protection Program last summer, the state's top recipients so far include restaurants, doctors' and dentists' offices, legal practices, construction companies, car dealers, hotels and religious organizations. On average, businesses in the state received about $7,000 per employee. Clear, with a low around 41. You can only publish select stories individually not as a collection. Secret IRS data shows it's paying off - Salon, Heres hoping this USC/UCLA-Big Ten merger careens off the track, crashes and burns | Jones - PennLive, LETTER: Thank cadre deployment and BEE for the mess - BusinessLIVE, Why The Racist Left Smears Clarence Thomas As An 'Angry Black Man' - The Federalist, This Is the Most Important Decision You Can Make To Increase Sales Right Now! 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. 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 average amount was about $69,000, the lowest in the country. 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 published data now include specific amounts businesses have received, as well as the names of places that got smaller loans. Internationally, South Korean airline Korean Air received a PPP loan. 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. Credit: Eric J. Shelton/Mississippi Today, If you are an existing Print subscriber click. The US government recently added a second round of $310 billion to PPP loan program. The law firm where House Speaker Philip Gunn works, Wells Marble & Hurst, received between $350,000 and $1 million. Scallan said the agency is still encouraging small business owners to apply for grants at the following website: www.backtobusinessms.org. 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. If you share our stories on social media, please tag us in your posts using. With your help, we've gotten a lot done but we're not finished yet! The program's critics have expressed concern that the amount of untapped funds could show that rural or minority-owned businesses with weaker or no banking relationships have had trouble accessing relief money. Please reload the page and try again. Click on a company's name to see additional loan details. The Paycheck Protection Program loans were doled out as the coronavirus pandemic shuttered the U.S. economy. The private equity firm. Changs, Legal Sea Foods and Silver Diner either received PPP loans or had investors connected to the company that did. Dozens of private and charter schools got aid. 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. Included in the data were car dealerships, nonprofit organizations, churches, oil and gas industry support companies, medical practices, zoos, law firms, and colleges. 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. $150K - $350K: 2,358 Recipients. Lawmakers drew up a list of specific industries and estimated that there were about 30,000 small business within those industries. The Trump administration on Monday disclosed the names of many small businesses which received loans under a program intended to blunt the economic damage from the coronavirus pandemic. 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. !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: In 2020, Mississippi Today sought a Paycheck Protection Program loan, which was approved and disbursed. 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. Who in Mississippi got Paycheck Protection Program loans during the pandemic? Data is a real-time snapshot *Data is delayed at least 15 minutes. The company is investing $2.4 million in their Mississippi operation and adding 32 new jobs. The published data now include specific amounts businesses have received, as well as the names of places that got smaller 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. 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. Search through Mississippi businesses that benefited from the Paycheck Protection Program with our database by searching below. Editorial cartoons and photo essays are not included under the Creative Commons license and therefore do not have the "Republish This Story" button option. The program caps forgiveness for salaries at $100,000 per employee, more than twice the states median household income. His work has appeared in the Boston Globe, Open Secrets, and on NBC.com. 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. 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. Of the Mississippi businesses that did answer, 75 percent were male, and 83 percent were white. Under the law, Mississippi received $1.25 billion. 2023 www.clarionledger.com. Data on who got them was recently released after pressure from news organizations and lawmakers. On average, businesses in the state received about $7,000 per employee. Grace Pateras and Joe Harrington contributed to this story. Search MS Businesses Results @lukerehmann The SBA states that the PPP program is designed to help small businesses keep workers on payroll. There was an error and we couldn't process your subscription. 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 law firm Boies Schiller Flexner, whose chairman David Boies has represented powerful clients such as former Vice President Al Gore in the Bush v. Gore Supreme Court case, received between $5 million and $10 million. Of the money, $240 was designated for a small business grant program, called Back to Business Mississippi, and businesses impacted by COVID-19 are eligible for up to $25,000 of grant money to cover certain expenses. Disbursements to Mississippi businesses ranged from $100 to a $10 million loan, which went to Staff Pro LLC, an employment agency in Gulfport. 177878 177879 - 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 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. - 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 released data also include information about smaller loan recipients, but excluded their names. - 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? Time will tell, Creative Commons Attribution-NoDerivatives 4.0 International License, Proudly powered by Newspack by Automattic. 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.