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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. Staffing companies, pipeline and electric utilities maintenance companies, heavy machinery and tire dealers, and restaurant chains all received millions. Internationally, South Korean airline Korean Air received a PPP loan. 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. Who in Mississippi got Paycheck Protection Program loans during the pandemic? Follow him on Twitter @gbolognaCL. There was an error and we couldn't process your subscription. The US government recently added a second round of $310 billion to PPP loan program. After those funds quickly ran out, the government replenished the program with an additional $310 billion. According to Business Insider, you may be out of luck and too late to receive funding. Scallan said the agency is still encouraging small business owners to apply for grants at the following website: www.backtobusinessms.org. PPP loans helped businesses retain nearly 48,000 employees in our state. to see all of their content. Transportation Secretary Elaine Chao's family's business, Foremost Maritime, got a loan valued at between $350,000 and $1 million. 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. Crane & Sons, as well as furniture manufacturers like Max Home, in Fulton. Restaurant chains like P.F. 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. 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. The SBA states that the PPP program is designed to help small businesses keep workers on payroll. 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. 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. 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. 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. We do not sell or share your information with anyone. Almost all of that money has yet to be distributed. 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. Search through Mississippi businesses that benefited from the Paycheck Protection Program with our database by searching below. - 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? 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. Internationally, South Korean airline Korean Air received a PPP loan. 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. Help keep the momentum going by rejoining our member community today. So here are the links and resources I mentioned. The U.S. government. 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. Otherwise, it carries a 1 percent interest rate and must be repaid within two years. Companies that maintain most of their payroll through the span of the loan may convert those funds into a grant. Meanwhile, 78 white business owners received loans for at least $1 million. 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. In total, over 79,000 businesses in Mississippi have been approved for PPP loans. Tate Reeves also got PPP money. 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 biggest loans went toconstruction contractors such as F.L. In Mississippi, nearly all 96% of loans were directed towards payrolls. The Ayn Rand Institute received a loan and defended it on Twitter. Search through Mississippi businesses that benefited from the Paycheck Protection Program with our database by searching below. Last month, Congress passed a bill easing the terms for how businesses can use the funds and qualify for forgiveness. here 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. We're dedicated to keeping Mississippians informed with our thorough reporting. Wochit. Narrow the list by typing in a business or city name. 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. Keep this news free and accessible to all by becoming a member and giving a recurring donation of any amount today. Read or Share this story: https://www.clarionledger.com/story/business/2020/07/08/ms-ppp-loan-recipients-database-coronavirus-pandemic-search-full-list-businesses-covid-19/5402287002/, Mississippi PPP loan recipients: See the full searchable list of who received them - Hattiesburg American, https://www.clarionledger.com/story/business/2020/07/08/ms-ppp-loan-recipients-database-coronavirus-pandemic-search-full-list-businesses-covid-19/5402287002/, Ayn Rand - Books, Quotes & Philosophy - Biography, Top 10 Reasons Ayn Rand was Dead Wrong - CBS News, Lions Drinking With Jackals: Molly Tanzer's Grave-Worms - tor.com, Ken Griffin spent $54 million to fight tax hike on the rich. examining federal efforts to prevent, detect, and prosecute pandemic relief fraud to safeguard funds for all eligible americans 117th congress (2021-2022) Businesses who qualified hair salons, gyms, certain retail stores and many others were supposed to be sent the $2,000 check automatically. 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. He is a frequent guest on radio and television, providing insight and commentary on the inner workings of the Magnolia State. Most did not respond. 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! On average, businesses in the state received about $7,000 per employee. And what do kangaroos have to do with it? Here's What's Wrong With Ayn Rand's Philosophy - The Objective Standard, Did the John Birch Society Win in the End? Changs, Legal Sea Foods and Silver Diner either received PPP loans or had investors connected to the company that did. 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. For nearly two decades, he has reported and offered analysis on government, public policy, business and matters of faith. MDA Spokeswoman Melissa Scallan said MDA is currently reviewing applications and could be issuing checks as early as this week or next week. TGI Fridays, which is backed by private equity firm TriArtisan Capital Advisors, received at least $5 million. 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. A Division of NBCUniversal. 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. In Mississippi, nearly all 96% of loans were directed towards payrolls. Franks interviews, articles, and columns have been shared throughout Mississippi as well as in national publications such as the Daily Caller. The goal is to fund small businesses that have been economically impacted due to the coronavirus pandemic. PPP Small Business Relief Will Likely Not Help All. On average, businesses in the state received about $7,000 per employee. Below is a chart of the types of businesses receiving the most money in Mississippi: var divElement = document.getElementById('viz1594145011552'); 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); Some Mississippi borrowers receiving between $5-$10 million in those categories include GI Associates, a gastroenterology group in Flowood, Ridgeland-based law firm Butler Snow, and two restaurant companies, Mid River Restaurants in Natchez and The Retzer Group in Greenville. For PPP Loans under $150,000 in Mississippi click here. to view this author's last article or Click The U.S. Treasury Department released the names of 650,000 businesses that received loans of $150,000 or more on Monday as part of the Paycheck Protection Program (PPP) designed to help small businesses, including nearly 4,000 in Mississippi. With your help, we've gotten a lot done but we're not finished yet! Those loans represent nearly three-fourths of total loan dollars approved, but a far smaller proportion of the number of actual loans. Get Funding & Growth Help Get Started For Free Our SBA database unveils list of 6.6M recipients Enlarge The SBA PPP loan recipient list includes more than 11.7 million loans made in the nearly $800 billion Covid-19 relief program. 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. 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. Wochit. - TheArticle, Is Ethereum left and Bitcoin right? A total of 45,812 loans were distributed to Mississippi leading to a reported 412,461 jobs being retained. PPP Loan Recipient List By State Mississippi 138,392 TOTAL PPP LOANS $5.4B TOTAL LOAN AMOUNT $39,226 AVERAGE PPP LOAN 5 AVG COMPANY SIZE Mississippi has a total of 138,392 businesses that received Paycheck Protection Program (PPP) loans from the Small Business Administration. The Paycheck Protection Program loans were doled out as the coronavirus pandemic shuttered the U.S. economy. On average, businesses in the state received about $7,000 per employee. The US government recently added a second round of $310 billion to PPP loan program. Three Hispanic, two Asian and zero American Indian businesses reported receiving at least that amount. 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. Ambassador to Tanzania. - 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. St. Andrew's Episcopal Day School in Ridgeland got at least $2 million. Across the country, more than 660,000 businesses received $150,000 or up to the $10 million maximum from the small-business lending program. "The CARES Act was an umbrella act that distributed tons of money. Grace Pateras and Joe Harrington contributed to this story. 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. Alex Rozier, from New York City, is Mississippi Todays data and environment reporter. Data on who got them was recently released after pressure from news organizations and lawmakers. You can only publish select stories individually not as a collection. 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 SBA released other details about the program Monday, including: The PPP's goal is to offer forgivable loans to smaller businesses, helping them to stay afloat and employees to maintain their jobs as the coronavirus puts the U.S. economy on hold.