U.S. Secretary of the Treasury Steven Mnuchin testifies with Jovita Carranza, Administrator U.S. Small Business Administration during the Senate Small Business and Entrepreneurship Hearings to examine implementation of Title I of the CARES Act on Capitol Hill on June 10, 2020 in Washington, DC. Classical Economists - The Objective Standard, Opinion | Demolishing the Demonic Plans of Our Enemy, and Can We Get An Amen - Common Dreams, Ayn Rand's We the Living: Back on the Silver Screenand Better Than Ever - The Objective Standard, Congress revival: Time to break free of family - The Hans India, The Financial Dark Ages Are Ending Thanks To Bitcoin - Bitcoin Magazine, Marital rape: How understanding context rather than just focusing on consent will help resolve the issue - Firstpost, Deadly Class Season 2: Is a Release Date or Rumor in the Offing on Netflix? Based on data from National Weather Service and OpenWeather. You have to credit Mississippi Today. 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. Those loans disclosed represent nearly three-fourths of total loan dollars approved, but a far smaller proportion of the number of actual loans. According to Business Insider, you may be out of luck and too late to receive funding. Applicants in California received the most money overall with $68.2 billion, followed by Texas at $41.1 billion and New York at $38.3 billion. 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 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. If you do not have an existing account, you can also easily register or login with an existing Google, Facebook or Apple account. On average, businesses in the state received about $7,000 per employee. Rich Smith 31.3K subscribers Subscribe 110K views 1 year ago Here's a breakdown of the PPP Loan Fraud List and who got a PPP Loan. Alex Rozier, from New York City, is Mississippi Todays data and environment reporter. Who will win? Time will tell, Creative Commons Attribution-NoDerivatives 4.0 International License, Proudly powered by Newspack by Automattic. Under the law, Mississippi received $1.25 billion. $1M - $2M: 291 Recipients. The program is part of the Coronavirus Aid, Relief and Economic Security Act President Donald Trump signed. Paycheck Protection Program (PPP) loans have aided more than 5.2 million small business owners, providing a much-needed lifeline during the Coronavirus outbreak crisis. But We Wish It Had Been - Fatherly, A field guide to the pandemic deniers - Salon, Mastodon, Tool, Coheed + Cambria, Primus Members Team on Cover of Rush's 'Anthem' - Loudwire, Daddy Ducey had his chance to deal with COVID; It's time to call Mom | What the Devil won't tell you - TucsonSentinel.com, Peter Bart: How Hollywood Learned That Mixing Politics And Art Can Turn Big Ideas Into B-Pictures - Deadline, The saga of the doctor versus the denier continues - Antelope Valley Press, Making it on your own in pandemic | Opinion - News-Press Now, Every generation gets 'The Baby-Sitters Club' it deserves - SFGate, How Amber Heard went from a small town in Texas to centre stage in Hollywood's most explosive trial yet - Evening Standard, Big problems with the Paycheck Protection Program? Mississippi has a total of 138,392 businesses that received Paycheck Protection Program (PPP) loans from the Small Business Administration. The U.S. government has released a list of businesses that have received emergency pandemic loans of $150,000 or more. 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. The average loan size is approximately $100,000, demonstrating that the program is serving the smallest of businesses, he continued. For nearly two decades, he has reported and offered analysis on government, public policy, business and matters of faith. - Study Breaks, Get Ready for a Week of Unhinged Attacks on Biden and Harris - The Bulwark. To learn more about our cartoon syndication services. following organizations: Whoops! No city is better suited to serve as a hub for innovation and growth than Gulfport, Mayor Hewes writes. 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). Mississippi companies reported the aid will help them retain about 412,000 jobs about one-third of the state's total workforce. 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 --. The Ayn Rand Institute, named for the objectivist writer cited as an influence on libertarian thought, was approved for $350,000 to $ 1 million. The association said the "vast majority" of the loans originated at banks headquartered in the state. We're dedicated to keeping Mississippians informed with our thorough reporting. 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. The U.S. government has released a list of businesses that have received emergency pandemic loans of $150,000 or more. In Mississippi, nearly all 96% of loans were directed towards payrolls. Any amount helps us keep producing quality journalism for Mississippi. Otherwise, it carries a 1 percent interest rate and must be repaid within two years. Jared Kushner's parents' family foundation supports the school, NBC News reported. 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 data only identifies companies with loans worth more than $150,000. 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. The released data also include information about smaller loan recipients, but excluded their names. Other major law firms, such asForman Watkins & Krutz, Watkins & Eager,Brunini Grantham Grower & Hewes, and Schwartz and Associates, got millions of dollars through PPP. Right place at the right time: freeports model gives fillip to St Helens regeneration scheme - The Guardian, Reflections from London on the queen's life and death - Baptist News Global, Editorial: NH voters, beware of radical threat on ballot - Valley News, 10 Wednesday AM Reads - The Big Picture - Barry Ritholtz, Opinion: Renewables are great and all, but who'll pay when they fail? 177878 177879 Grace Pateras and Joe Harrington contributed to this story. There were several errors in the database, so it's not clear whether all the companies listed received the funds. Treasury Secretary Steven Mnuchin sparked an outcry from Democratswhenheoriginallyimplied that theTrump administration would not disclose the names of participants. 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 . Click on a company's name to see additional loan details. To republish online, simply click the button, copy the html code and paste into your Content Management System (CMS). Revealed: How U.S. Gov't & Hollywood Secretly Worked Together to Justify Atomic Bombings of Japan - Democracy Now! The Skip team has been one of the top resources in the US for SBA-related funding and other private funding options since 2020. Copyright 2022 PPP Directory. SBA and Treasury to release names of largest PPP loan recipients. As was the case after the first round of the Paycheck Protection Program last summer, the states top recipients so far include restaurants, doctors and dentists offices, legal practices, construction companies, car dealers, hotels and religious organizations. We center readers in everything we do, informingand engagingMississippians through reporting, podcasts, events and online communities. The published data now include specific amounts businesses have received, as well as the names of places that got smaller loans. Got a confidential news tip? - Scuttlebutt Sailing News, Bill Maher Addressed an Eventful Political Week on Real Time - InsideHook, Letter: The rules of life are very simple - Detroit Lakes Tribune, The Banality of Putin and Xi | Yaron Brook and Elan Journo - IAI, American culture is destroying itself, and the planet, says leading activist Bill McKibben - Yahoo Philippines News, Is Discussing the Consequences of Anti-Vaccine Disinformation Fun? 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. - the ability to be paid for posting Lawmakers drew up a list of specific industries and estimated that there were about 30,000 small business within those industries. Most of those that answered were white and male-owned, shown below: Use the tables below for full lists of Mississippis PPP recipients, by business and industry. Several other companies, shown below, received enough in loans to pay each employee over six figures. This field is for validation purposes and should be left unchanged. A handful of Mississippi's private colleges also received assistance. More than 40% of Black small business owners wereforced to close shop as result of the pandemic. Internationally, South Korean airline Korean Air received a PPP loan. - Vox.com, Conservative Theologically, but Liberal Politically | Gene Veith - Patheos, Who is Jonathan Swan, the reporter who grilled Trump? The biggest loans went toconstruction contractors such as F.L. To republish online, simply click the button, copy the html code and paste into your Content Management System (CMS). At least two casino companies and a pair of yacht clubs on the Coast received funds as well. A spokesperson for the Agriculture Department said Perdue Inc., a trucking service, said the loan was for about $182,000 and supported 27 jobs. In three months, this Administration was able to act quickly to get funding into the hands of those who faced enormous obstacles as a result of the pandemic. Narrow the list by typing in a business or city name. Wall Street investment groups, including Semper Capital Management LP and Domini Impact Investments LLC, which manage billions of dollars, also received PPP loans according to Reuters. But about 3,500 Mississippi businesses that received PPP loans said they would retain zero jobs with the money. To learn more about our cartoon syndication services. We do not sell or share your information with anyone. 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. 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 hereto download Paycheck Protection Program loan data by state for loans of $150,000 and above. The law firm said in a statement that all of its employees across 12 states kept their jobs with no pay cuts. 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. 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). Internationally, South Korean airline Korean Air received a PPP loan. The Paycheck Protection Program loans were doled out as the coronavirus pandemic shuttered the U.S. economy. 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. Changs, Legal Sea Foods and Silver Diner either received PPP loans or had investors connected to the company that did. - The Bulwark, Boris Johnsons Covid bravado insults the NHS and the public - The Guardian, Science Fiction in a Time of Crisis - Filmmaker Magazine, The criticism facing Rishi Sunak has nothing to do with race, and all to do with greed - iNews, Zack Snyder's Star Wars-Themed Movie Recruits The Princess Bride Star - Giant Freakin Robot, Debate sparked after University of Bristol students try to 'cancel' controversial speaker - Bristol Live, Rishi Sunak is a terrible bloke, regardless of his wife's finances - JOE.co.uk, Understanding the Roots of the New Inflation: With Rob Tarr - New Ideal, First Wind Film Development To Adapt Rick Bleiweiss Blackstone Novel Pignon Scorbion And The Barbershop Detectives For TV - Deadline, 'My jagged path to cap and gown': Reflections from a 23-year-old expectant high school graduate - Kennebec Journal and Morning Sentinel, Don't Believe The Hype: The Left Wish They Ran Cancel Culture Like This - Above the Law, Who is John Malone, the 'Cable Cowboy' and GB News backer who could buy Channel 4? Ambassador to Tanzania. 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. The largest loans were only recorded in the data as ranges. On average, businesses in the state received about $7,000 per employee. There was an error and we couldn't process your subscription. - 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? There is not an exact figure because many of these loans are disclosed in ranges. Staffing companies, pipeline and electric utilities maintenance companies, heavy machinery and tire dealers, and restaurant chains all received millions. In total, over 79,000 businesses in Mississippi have been approved for PPP loans. You can search the SBA's entire PPP loan data below. The online vehicle marketplace company quadrupled its sales in just one year after beginning operation in January 2021. Please reload the page and try again. Keep this news free and accessible to all by becoming a member and giving a recurring donation of any amount today. - 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? Alex Rozier, from New York City, is Mississippi Todays data and environment reporter. The Roman Catholic dioceses in California, New York, Nevada, Tennessee and Kentucky also received loans. A searchable database of federal 2020 Paycheck Protection Program loans. 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. 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. $150K - $350K: 2,358 Recipients. Separately, Mississippi is in the process of distributing grants to many small businesses using federal funds it received for virus relief. 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. Grace Pateras and Joe Harrington contributed to this story. 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. The Treasury and SBA later reversed course, saying they woulddisclose names and other details about businesses that took PPP loans of $150,000 and above. Any amount helps us keep producing quality journalism for Mississippi. 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. In Mississippi, nearly all 96% of loans were directed towards payrolls. Southern States Utility Trailer Sales Inc. The program caps forgiveness for salaries at $100,000 per employee, more than twice the states median household income. Rep VickyHartzler, R-Mo., on Thursday disclosed that her family's businesses received nearly $480,000. 2023 CNBC LLC. Neel-Schaffer, an engineering and construction management firm based in Jackson, said in a statement that the company was grateful for the help, which allowed it to keep 354 jobs, according to PPP data. 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.