- 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 disclosure comes amid demands from Democrats for more transparency around the funds established as part of the $2 trillion CARES Act signed into law this spring. 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. 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. Republish our articles for free, online or in print, under a Creative Commons license. If you do not have an existing account, you can also easily use an existing Google, Facebook or Apple account. 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 goal is to fund small businesses that have been economically impacted due to the coronavirus pandemic. Alex Rozier, from New York City, is Mississippi Todays data and environment reporter. 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. Treasury Secretary Steven Mnuchin sparked an outcry from Democratswhenheoriginallyimplied that theTrump administration would not disclose the names of participants. 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. 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. This disclosure covers each of the 4.9 million PPP loans that have been made. According to the data set, these loans will allow the businesses to retain a total of 412,492 jobs. The overwhelming majority of owners who received PPP loans legitimately used the money to retain employees and stay operational. All Rights Reserved. There was an error and we couldn't process your subscription. Keep this news free and accessible to all by becoming a member and giving a recurring donation of any amount today. Companies that maintain most of their payroll through the span of the loan may convert those funds into a grant. Bankers, lawyers, and consultants told Business Insider that the volume of pre-approved loans will soak up the second round of funding. The data release also includes overall statistics regarding dollars lent per state, loan amounts, top lenders, and distribution by industry. 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. In Mississippi, nearly all 96% of loans were directed towards payrolls. We do not sell or share your information with anyone. While many companies did not provide demographic information, the data suggests the vast majority of money went to white-owned businesses. Copyright 2022 Winston County Journal | Terms of Use| Privacy Policy, 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 largest loans were only. - 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? 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. Posted on February 27, 2023 by laguardia airport food terminal c Clear, with a low around 41. 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. A total of 45,812 loans were distributed to Mississippi leading to a reported 412,461 jobs being retained. - Forward, The limits of Justice Ketanji Brown Jacksons power - Fortune, Race Across The World and Louis Theroux Interviews among new BBC Factual and Arts slate - Royal Television Society |, Fool Britannia: sloppy Tory treatise a hint of horrible things to come - Crikey, Day one at the Tory conference: Industry cries out for stability but U-turns and uncertainty continue - Building. They included Jackson Academy and Jackson Prep, which both received at least $1 million. - 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? 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. 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. The SBA states that the PPP program is designed to help small businesses keep workers on payroll. General Freight Trucking, Long-Distance, Truckload, Services for the Elderly and Persons with Disabilities, Other Grocery and Related Products Merchant Wholesalers, Offices of Real Estate Agents and Brokers, Cardiology Associates Of North Mississippi, All Other Miscellaneous Ambulatory Health Care Services. A former Mississippi prison guard has been sentenced to three years of probation for COVID relief fraud. John Farrell, a Republican donor and real estate developer also received a PPP loan. Ambassador to Tanzania. The published data now include specific amounts businesses have received, as well as the names of places that got smaller loans. After those funds quickly ran out, the government replenished the program with an additional $310 billion. Otherwise, it carries a 1 percent interest rate and must be repaid within two years. 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. by Alex Rozier, Mississippi Today July 7, 2020, This and is republished here under a Creative Commons license.
. The loan data also include demographics of the borrowers, although most businesses left those fields blank. $1M - $2M: 291 Recipients. In Mississippi, nearly all 96% of loans were directed towards payrolls. PPP Loan Search MS Internationally, South Korean airline Korean Air received a PPP loan. 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. But thousands of Magnolia State companies also got the Small Business Administration aid without promising to retain any workers. At least two casino companies and a pair of yacht clubs on the Coast received funds as well. The largest loans were only recorded in the data as ranges. 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. About 87% of the loans were for less than $150,000, according to the SBA. Three Hispanic, two Asian and zero American Indian businesses reported receiving at least that amount. 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. Search through Mississippi businesses that benefited from the Paycheck Protection Program with our database by searching below. Who will win? 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. Sign up for free newsletters and get more CNBC delivered to your inbox. The goal is to fund small businesses that have been economically impacted due to the coronavirus pandemic. Narrow the list by typing in a business or city name. The published data now include specific amounts businesses have received, as well as the names of places that got smaller loans. The program caps forgiveness for salaries at $100,000 per employee, more than twice the states median household income. Dozens of private and charter schools got aid. 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 released data also include information about smaller loan recipients, but excluded their names. - 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. So did theLos Angeles Lakers. 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. 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. You can review the data set released by Treasury and SBAto learn more about Mississippi PPP recipients. The fate of Amtraks Gulf Coast return rests with a federal board, They couldve picked Elijah Moore, but Saints drafted Payton Turner. - 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. Chang's China Bistro and Chop't received aid of between $5 million and $10 million. Those loans disclosed represent nearly three-fourths of total loan dollars approved, but a far smaller proportion of the number of actual loans. Other major law firms, such asForman Watkins & Krutz, Watkins & Eager,Brunini Grantham Grower & Hewes, and Schwartz and Associates, got millions of dollars through PPP. A searchable database of federal 2020 Paycheck Protection Program 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 CARES Act was an umbrella act that distributed tons of money. In Mississippi, 17 businesses received loans between $5-$10 million, the highest range of funding. Of the Mississippi businesses that did answer, 75 percent were male, and 83 percent were white. champion wins almost $60,000 in 7th consecutive win, over $220,000 total - Press of Atlantic City, Will Amanda Seyfried (The Dropout) ride her Emmy high all the way to a SAG Award win? - two free years of archived e-Editions Several other companies, shown below, received enough in loans to pay each employee over six figures. - Fillmore County Journal, Why Are Members of Congress Allowed to Trade Stocks? The average loan size is approximately $100,000, demonstrating that the program is serving the smallest of businesses, he continued. Grace Pateras and Joe Harrington contributed to this story. 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! Those loans represent nearly three-fourths of total loan dollars approved, but a far smaller proportion of the number of actual loans. 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. At least eight country clubs, such as the Diamondhead Country Club and Jackson Country Club, got approved for PPP money. Keep this news free and accessible to all by becoming a member and giving a recurring donation of any amount today. 2023 CNBC LLC. Theaters have been closed while new film releases have been delayed or pushed to streaming platforms. 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.. Religious groups in the state received between $53 and $80 million, spread across 80 different organizations. 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. It lowered the share of the loan that a company must spend on payroll and gave them a longer period of time to use the money. 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. More than $30 billion in loans were returned overall, senior administration officials who declined to be named said Monday. Any amount helps us keep producing quality journalism for Mississippi. 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. The biggest loans went toconstruction contractors such as F.L. - Left Foot Forward, Frank Lloyd Wright Left 660 Unbuilt Designs And an Innovative New Project Brings Three of Those to Life - InsideHook, American Familia: David Morales on Grit, Self-Reliance, and the American Dream | Kerry McDonald - Foundation for Economic Education, Top 10 buildings in fiction - The Guardian, Trump can now count on Thiel, the hi-tech billionaire who finances his revenge Corriere.it - D1SoftballNews.com, Objectivism Q&A with Ben Bayer and Mike Mazza - New Ideal, Leftists And So-Called Christian Leaders Embrace Abortion As 'Sacred' - The Federalist, A Companion to Ayn Rand Now in Paperback - New Ideal, Happy birthday to the great Ayn Rand Daily Breeze, Randy Alcorn: Whats Wrong with America? 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. There is not an exact figure because many of these loans are disclosed in ranges. 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. Restaurant chains like P.F. The average amount was about $69,000, the lowest in the country. 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. 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. 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. to view this author's last article or - The Week, Daily Reformer: Hagehan The First Couple Of Minnesota Politics - Patch.com. by Alex Rozier, Mississippi Today April 30, 2021, This and is republished here under a Creative Commons license.
. Trusted Partners Your Business? Data on who got them was recently released after pressure from news organizations and lawmakers. 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 . Editorial cartoons and photo essays are not included under the Creative Commons license and therefore do not have the "Republish This Story" button option. Help keep the momentum going by rejoining our member community today. 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. Millsaps, Tougaloo and Rust colleges each receivedbetween $2 million and $5 million. - Looper, Soul Review: Life, and How to Live It - Rolling Stone, Defending Ayn Rand's Reputation in the Media - New Ideal, Letter: Only 'We' can save the world | Letters to the Editor - Daily Herald, Pandemic and the prisoner's dilemma - DTNext, From the Rubble of Atlases, a Colossus Will Rise - The New York Times, Trump's America Remains Stuck in the Shadow of Reagan - Boston Review, The Tories are divided between libertarians and authoritarians. In Mississippi, nearly all 96% of loans were directed towards payrolls. - 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? More than 50 individual churches received $150,000 or more. On average, businesses in the state received about $7,000 per employee. Gov. More than 50 companies reported that the funds would help them hold onto at least 400 employees. - and much more! In Mississippi, nearly all 96% of loans were directed towards payrolls. This work is licensed under a Creative Commons Attribution-NoDerivatives 4.0 International License. By clicking submit, you agree to share your email address with Mississippi Today. Please reload the page and try again. More than $4 billion in loans have now made its way to Mississippi after Congress approved another round of federal support for businesses earlier this year. All rights reserved. In Mississippi, nearly all 96% of loans were directed towards payrolls. 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. John Farrell, a Republican donor and real estate developer also received a PPP loan. But about 3,500 Mississippi businesses that received PPP loans said they would retain zero jobs with the money. PPP Loans List. The U.S. government has released a list of businesses that have received emergency pandemic loans of $150,000 or more. Lawmakers have also pushed to find out if politicians or their families' have taken on funds from the program. You can search the SBA's entire PPP loan data below. Enjoy! His work has appeared in the Boston Globe, Open Secrets, and on NBC.com. The program caps forgiveness for salaries at $100,000 per employee, more than twice the states median household income. Changs, Legal Sea Foods and Silver Diner either received PPP loans or had investors connected to the company that did. Wochit. The Mississippi Department of Revenue is in charge of distributing $60 million to businesses that were forced to close by the governor's orders. We believe that an informed Mississippi is a better Mississippi.
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