PPP list: Who received federal loans in Mississippi? Otherwise, it carries a 1 percent interest rate and must be repaid within two years. Republish our articles for free, online or in print, under a Creative Commons license. PPP Loan Search MS 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. PPP Loans List :: PPP Detective The US government recently added a second round of $310 billion to PPP loan program. 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. The loan data also include demographics of the borrowers, although most businesses left those fields blank. 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 Land Title Association of Mississippi is a professional association dedicated to creating an environment which enables its members to provide the public with the highest quality land title evidencing, title insurance and settlement services. The Ayn Rand Institute, named for the objectivist writer cited as an influence on libertarian thought, was approved for $350,000 to $ 1 million. 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. The U.S. government has released a list of businesses that have received emergency pandemic loans of $150,000 or more. Click on a company's name to see additional loan details. Aaron E. Henry Community Health Services Center, Inc. Administration of Urban Planning and Community and Rural Development, Iron and Steel Mills and Ferroalloy Manufacturing, Construction, Mining, and Forestry Machinery and Equipment Rental and Leasing, Automotive Body, Paint, and Interior Repair and Maintenance, Asphalt Paving Mixture and Block Manufacturing, Wine and Distilled Alcoholic Beverage Merchant Wholesalers, Administrative Management and General Management Consulting Services, Manufactured Home (Mobile Home) Manufacturing, Promoters of Performing Arts, Sports, and Similar Events without Facilities, Oil and Gas Field Machinery and Equipment Manufacturing, Other Support Activities for Air Transportation, Cowboy Maloney Appliance, Audio, VIdeo Centers, Inc. 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? Search MS Businesses Results @lukerehmann 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. At least two casino companies and a pair of yacht clubs on the Coast received funds as well. Our stories may appear on pages with ads, but not ads specifically sold against our stories. - The Atlantic, The Fountainhead Reading Group with Andrew Bernstein - The Objective Standard, Copyright 2000 to 2023 Prometheism Transhumanism Post Humanism. The grant program is being overseen by the Mississippi Development Authority, which has contracted with a company to help run it. By joining our newsletter, you are confirming that you agree with the Privacy Policy, Frank Corder is a native of Pascagoula. 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. The goal is to fund small businesses that have been economically impacted due to the coronavirus pandemic. !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. World-class Experience The Skip team prides itself on giving you the attention and assistance your small business deserves. Editorial cartoons and photo essays are not included under the Creative Commons license and therefore do not have the "Republish This Story" button option. - 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? See PPP Loans Recipients In Mississippi With your help, we've gotten a lot done but we're not finished yet! 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. Staffing companies, pipeline and electric utilities maintenance companies, heavy machinery and tire dealers, and restaurant chains all received millions. John Farrell, a Republican donor and real estate developer also received a PPP loan. The association said the "vast majority" of the loans originated at banks headquartered in the state. Across the country, more than 660,000 businesses received $150,000 or up to the $10 million maximum from the small-business lending program. 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. Any web site our stories appear on must include a contact for your organization. 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. Disbursements to Mississippi businesses ranged from $100 to a $10 million loan, which went to Staff Pro LLC, an employment agency in Gulfport. Treasury Secretary Steven Mnuchin sparked an outcry from Democratswhenheoriginallyimplied that theTrump administration would not disclose the names of participants. Look for the "Republish This Story" button underneath each story. While the aim of the program was to aid ailing companies with less than 500 employees, its effectiveness has remained unclear. It has approved 4.9 million loans for a total of more than $521 billion. Updated July 25, 2022 Search for PPP loan applications by organization, lender, zip code and business type. According to Business Insider, you may be out of luck and too late to receive 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. - The Week, Daily Reformer: Hagehan The First Couple Of Minnesota Politics - Patch.com. Under the law, Mississippi received $1.25 billion. Todays data shows that small businesses of all types and across all industries benefited from this unprecedented program. 177878 177879 The Skip team has been one of the top resources in the US for SBA-related funding and other private funding options since 2020. 45,815 Mississippi companies receive PPP loans PPP Loan Recipient List By State Mississippi - FederalPay On average, businesses in the state received about $7,000 per employee. 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 curious cult of the friend of fascism | Anthony Daniels - The Critic, Ocean City 'Jeopardy!' Most did not respond. to see all of their content. 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. A pedestrian wearing a protective mask walks past a Shake Shack restaurant in Washington, D.C., U.S., on Monday, April 20, 2020. We prefer Author Name, Mississippi Today in the byline. 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. The PPP Loan Fraud List - PPP Fraud | Who got a PPP LOAN 2021 Those loans disclosed represent nearly three-fourths of total loan dollars approved, but a far smaller proportion of the number of actual loans. More than 40% of Black small business owners wereforced to close shop as result of the 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). Franks interviews, articles, and columns have been shared throughout Mississippi as well as in national publications such as the Daily Caller. A spokesperson for the Agriculture Department said Perdue Inc., a trucking service, said the loan was for about $182,000 and supported 27 jobs. The fate of Amtraks Gulf Coast return rests with a federal board, They couldve picked Elijah Moore, but Saints drafted Payton Turner. The U.S. government has released a list of businesses that have received emergency pandemic loans of $150,000 or more. 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. We center readers in everything we do, informingand engagingMississippians through reporting, podcasts, events and online communities. 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. - Fillmore County Journal, Why Are Members of Congress Allowed to Trade Stocks? The US government recently added a second round of $310 billion to PPP loan program. His work has appeared in the Boston Globe, Open Secrets, and on NBC.com. 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. 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. But the businesses reported the total when they applied for loans, and it is unclear how many of those employees stayed on the payroll. On average, businesses in the state received about $7,000 per employee. Otherwise, it carries a 1 percent interest rate and must be repaid within two years. 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. The program is part of the Coronavirus Aid, Relief and Economic Security Act President Donald Trump signed. You can only publish select stories individually not as a collection. Search PPP Loan list in Mississippi - 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. In total, Mississippi businesses received between $2.5 billion and $4.4 billion in loans, spread across 45,000 recipients loans of $150,000 or larger are only disclosed in ranges. Assisted Living Facilities for the Elderly, Fabricated Structural Metal Manufacturing, Plumbing, Heating, and Air-Conditioning Contractors, Other Commercial and Industrial Machinery and Equipment Rental and Leasing, Yalobusha General Hospital And Nursing Home, Electrical Contractors and Other Wiring Installation Contractors. More than $30 billion in loans were returned overall, senior administration officials who declined to be named said Monday. Wochit. Who received PPP loans in Mississippi? - Mississippi Today Data is a real-time snapshot *Data is delayed at least 15 minutes. The Ayn Rand Institute received a loan and defended it on Twitter. To learn more about our cartoon syndication services. PAW Patrol Wasn't Canceled. 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. The average loan size is approximately $100,000, demonstrating that the program is serving the smallest of businesses, he continued. Ambassador to Tanzania. 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. 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. Southern States Utility Trailer Sales Inc. 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. 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. All Rights Reserved. Lawmakers decided in mid-May to set aside $300 million of that money for small business owners. Industries getting the largest share of net PPP dollars were health and social assistance, professional, scientific and technical services, construction and manufacturing. following organizations: Whoops! The vast majority of those companies taking part in the program some 38,035 organizations received PPP loans less than $150,000. Read more. This field is for validation purposes and should be left unchanged. Tracking PPP: Search Every Company Approved for Federal Loans - ProPublica Eastern Fishing And Rental Tool Co., Inc. Support Activities for Oil and Gas Operations, All Other Professional, Scientific, and Technical Services, Motorcycle, ATV, and All Other Motor Vehicle Dealers, Grain and Field Bean Merchant Wholesalers, Specialized Freight (except Used Goods) Trucking, Long-Distance, Agriculture, Forestry, Fishing and Hunting, Lessors of Residential Buildings and Dwellings, Other Miscellaneous Durable Goods Merchant Wholesalers, Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing, Corporate, Subsidiary, and Regional Managing Offices, Colleges, Universities, and Professional Schools, Farm and Garden Machinery and Equipment Merchant Wholesalers, Plastics Material and Resin Manufacturing, Mississippi Tank And Manufacturing Company, Truck, Utility Trailer, and RV (Recreational Vehicle) Rental and Leasing, Pearl River Valley Electric Power Association, Progressive Medical Management Of Batesville, LLC, Region VII Mental Health Intellectual Disabilities Commission, Outpatient Mental Health and Substance Abuse Centers, Supermarkets and Other Grocery (except Convenience) Stores, Gasoline Stations with Convenience Stores. following organizations: Whoops! Mississippi Paycheck Protection Program (PPP) Loans $350K - $1M: 1,107 Recipients. 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. to view this author's last article or - two free years of archived e-Editions 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. Grace Pateras and Joe Harrington contributed to this story. Mississippi has a total of 138,392 businesses that received Paycheck Protection Program (PPP) loans from the Small Business Administration. Meanwhile, 78 white business owners received loans for at least $1 million. The Ayn Rand Institute received a loan and defended it on Twitter. And more than 1,000 recipients apparently did not answer the question about saving jobs at all, according to the data. TUPELO MS PPP Loan Data They and many more companies ultimately returned the money after public outcry. You cant edit our stories, except to reflect relative changes in time, location and editorial style. 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. 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. Keep this news free and accessible to all by becoming a member and giving a recurring donation of any amount today. 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. - South Carolina Public Radio, Did the John Birch Society Win in the End? PPP Small Business Relief Will Likely Not Help All. We believe that an informed Mississippi is a better Mississippi. Religious groups in the state received between $53 and $80 million, spread across 80 different organizations. 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. How's the return to office going? 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. 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. For PPP Loans under $150,000 in Mississippi click here. ms PPP Loan Data 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? Global Business and Financial News, Stock Quotes, and Market Data and Analysis. More than 50 companies reported that the funds would help them hold onto at least 400 employees. 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. Mississippi PPP Loans 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. Heatmap of PPP Loans by Zip Code in Mississippi, Number of Loans Issued by Date in Mississippi, Summary of PPP Loans by County in Mississippi, Top 25 Cities in Mississippi by Number of PPP Loans. [The full list is available on the Small Business Administration website, which you can access here.]. Copyright 2022 PPP Directory. The Roman Catholic dioceses in California, New York, Nevada, Tennessee and Kentucky also received loans. This table shows the top 5 industries in Mississippi by number of loans awarded, with average loan amounts and number of jobs reported. Internationally, South Korean airline Korean Air received a PPP loan. Reeves: Businesses with ties to Tate Reeves received loans. All Data Obtained From the SBA. Each small business was supposed to receive a $2,000 check. Clear, with a low around 41. Otherwise, it carries a 1 percent interest rate and must be repaid within two years. The Roman Catholic dioceses in California, New York, Nevada, Tennessee and Kentucky also received loans. By industry: 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. Help keep the momentum going by rejoining our member community today. California students call to remove Ronald Reagan, Margaret Thatcher busts - Campus Reform, The GOP Are Standing on Trump's Sinking Ship, But Democrats Need a Vision Beyond Electing Biden - Common Dreams, Is Donald Trump the Republican Partys future, or its past? 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. The loan data also include demographics of the borrowers, although most businesses left those fields blank. The largest loans were only. Bienville Orthopaedic Specialists, L.L.C. Got a confidential news tip? In Mississippi, nearly all 96% of loans were directed towards payrolls. Clarification: The story has been edited to clarify that franchisees of national chains applied and received PPP loans rather than the chains corporate bodies. To republish online, simply click the button, copy the html code and paste into your Content Management System (CMS). 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. For a full breakdown of which businesses received loans of $150,000 or more, see the tables below: !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: Mississippi Today sought a Paycheck Protection Program loan, which has been approved and disbursed. examining federal efforts to prevent, detect, and prosecute pandemic relief fraud to safeguard funds for all eligible americans 117th congress (2021-2022) $2M - $5M: 118 Recipients. by Alex Rozier, Mississippi Today July 7, 2020, This article first appeared on Mississippi Today and is republished here under a Creative Commons license..