Any amount helps us keep producing quality journalism for Mississippi. While the aim of the program was to aid ailing companies with less than 500 employees, its effectiveness has remained unclear. PPP Loan Fraud List | Who Got a PPP Loan? - YouTube Search MS Businesses Results @lukerehmann Mississippi PPP loan recipients: See the full searchable list of who 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. of Loans Jobs Retained Changs, Legal Sea Foods and Silver Diner either received PPP loans or had investors connected to the company that did. Based on data from National Weather Service and OpenWeather. 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. 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. 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. Restaurant chains P.F. The program was initially rolled out in April, offering $349 billion to small businesses. 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. This year alone, nearly a hundred thousand Mississippians received $2.3 billion in PPP loans from the CARES Act, which provided much-needed financial assistance to business owners. - Study Breaks, Get Ready for a Week of Unhinged Attacks on Biden and Harris - The Bulwark. 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. There was an error and we couldn't process your subscription. 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. Below is a list of South Mississippi business that received PPP loans . The Paycheck Protection Program loans were doled out as the coronavirus pandemic shuttered the U.S. economy. Data is a real-time snapshot *Data is delayed at least 15 minutes. 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. Gov. Clarification: The story has been edited to clarify that franchisees of national chains applied and received PPP loans rather than the chains corporate bodies. 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 House of Representatives followed the Senate in passing a measure Wednesday to extend the program's application deadline from June 30 to Aug. 8. - Men's Health, Readers Are Debating Over These 7 Books And Whether They're Deadset Red Flags When Dating Men - Pedestrian TV, 21 Quotes That Transformed My Life and My Business - The Good Men Project, In Times of Crisis, Is Dystopian Media Dangerous or Inspirational? Southern States Utility Trailer Sales Inc. Otherwise, it carries a 1 percent interest rate and must be repaid within two years. The loan data also include demographics of the borrowers, although most businesses left those fields blank. - the ability to be paid for posting Chang's China Bistro and Chop't received aid of between $5 million and $10 million. 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. And more than 1,000 recipients apparently did not answer the question about saving jobs at all, according to the data. We prefer Author Name, Mississippi Today in the byline. var divElement = document.getElementById('viz1594157587379'); 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); The data also included the demographics of borrowers, although two-thirds of the states borrowers declined to provide a gender and three-quarters declined to provide a race or ethnicity. 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. For PPP Loans under $150,000 in Mississippi click here. 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. World-class Experience The Skip team prides itself on giving you the attention and assistance your small business deserves. The law firm said in a statement that all of its employees across 12 states kept their jobs with no pay cuts. On average, businesses in the state received about $7,000 per employee. In total, over 79,000 businesses in Mississippi have been approved for PPP loans. 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? Ambassador to Tanzania. Central Mississippi Civic Improvement Association, Inc. Commercial and Institutional Building Construction, Seafood Product Preparation and Packaging, East Mississippi Electric Power Association. Grace Pateras and Joe Harrington contributed to this story. If you are an existing Print subscriber click HERE for your login info. In total, over 79,000 businesses in Mississippi have been approved for PPP loans. a proud member of the The overwhelming majority of owners who received PPP loans legitimately used the money to retain employees and stay operational. Updated List of PPP and EIDL Loan Fraud Criminal Cases Jared Kushner's parents' family foundation supports the school, NBC News reported. At least two casino companies and a pair of yacht clubs on the Coast received funds as well. John Farrell, a Republican donor and real estate developer also received a PPP loan. LEARN MORE ABOUT WHO QUALIFIES BY CLICKING HERE. 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. 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. Alex Rozier, from New York City, is Mississippi Todays data and environment reporter. Wochit. The Ayn Rand Institute received a loan and defended it on Twitter. We want to hear from you. So did theLos Angeles Lakers. Browse & Search CARES Act PPP Recipients by Company names The following data was provided by the SBA & US Treasury Department showing a breakdown of all the name of companies who received PPP loans over $150,000. Otherwise, it carries a 1 percent interest rate and must be repaid within two years. following organizations: Whoops! The Skip team has been one of the top resources in the US for SBA-related funding and other private funding options since 2020. The Roman Catholic dioceses in California, New York, Nevada, Tennessee and Kentucky also received loans. to view this author's last article or On average, businesses in the state received about $7,000 per employee. You cant edit our stories, except to reflect relative changes in time, location and editorial style. 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. The biggest loans went toconstruction contractors such as F.L. - 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. But of those that did, men-owned businesses receiving loans outnumbered women-owned firms by about three-to-one. TUPELO MS PPP Loan Data Searchable PPP Loans - Businesses with PPP Loan 2021 Small Business Administration (SBA) released a list of all the businesses their loan amount with Bank and business details. - Fillmore County Journal, Why Are Members of Congress Allowed to Trade Stocks? The case was brought in Foley Square, New York and is pending. Grace Pateras and Joe Harrington contributed to this story. Coronavirus stimulus: List of PPP small business loan recipients - CNBC About 87% of the loans were for less than $150,000, according to the SBA. - 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. 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 Small Business Administration has released a list of businesses that have received emergency pandemic. Both businesses were approved to receive between $150,000 and $350,000 each. by Alex Rozier, Mississippi Today July 7, 2020, This article first appeared on Mississippi Today and is republished here under a Creative Commons license.. Political organizations also received loans: The Ohio Democratic Party got at least $150,000 and the Florida Democratic Party Building Fund got at least $350,000, while the Women's National Republican Club of New York got at least $350,000, the Black Republican Caucus in Florida got at least $150,000. Mississippi Paycheck Protection Program (PPP) Loans Mississippi - PPP Funded Companies - SBA Bienville Orthopaedic Specialists, L.L.C. Perdue's adult children are 99% stakeholders in a trust that indirectly owns the company, and the secretary did not have any influence on the SBA's loan decisions or the company's decision to apply for aid, the spokesperson said. We believe that an informed Mississippi is a better Mississippi. 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. A searchable database of federal 2020 Paycheck Protection Program loans. Republish our articles for free, online or in print, under a Creative Commons license. John Farrell, a Republican donor and real estate developer also received a PPP loan. Release from the U.S. Department of Treasury. According to Business Insider, you may be out of luck and too late to receive funding. Businesses linked to Gov. More than 45,000 loans worth nearly $3.2 billion were approved in Mississippi by the Small Business Administration, according to Mississippi Bankers Association. Frank has served his community in both elected and appointed public office, hosted his own local radio and television programs, and managed private businesses all while being an engaged husband and father. 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. Of the Mississippi businesses that did answer, 75 percent were male, and 83 percent were white. list of ppp loan recipients by name california But thousands of Magnolia State companies also got the Small Business Administration aid without promising to retain any workers. 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. If you do not have an existing account, you can also easily register or login with an existing Google, Facebook or Apple account. 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. The U.S. government has released a list of businesses that have received emergency pandemic loans of $150,000 or more. For example: trucking , hospice , television , Kasowitz Benson Torres , 90210 , Sole. The private equity firm. The spectrum of businesses receiving PPP loans crossed . The Roman Catholic dioceses in California, New York, Nevada, Tennessee and Kentucky also received loans. All rights reserved. Doctors offices, restaurants and car dealers were the top businesses in Mississippi to receive loans from the $2 trillion coronavirus relief package signed into law this spring. - Federal Regulations Advisor, The Daily Cartoon and Live Briefing: Monday, May 9, 2022 - FlaglerLive.com, Victory at San Jacinto liberated the individual | Opinion | jacksonvilleprogress.com - Jacksonville Daily Progress, RUSH's GEDDY LEE Says NEIL PEART 'Didn't Want Anyone To Know' About His Illness: 'He Wanted To Keep It In The House' - BLABBERMOUTH.NET, The Alternative Meat Industry Wants Solar Power Style Mandates And Subsidies - Science 2.0, diSConnected: Is Ayn Rand or Mother Teresa better for protecting South Carolinians with disabilities? - 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? Across the country, more than 660,000 businesses received $150,000 or up to the $10 million maximum from the small-business lending program. Mississippi companies reported the aid will help them retain about 412,000 jobs about one-third of the state's total workforce. In Mississippi, nearly all 96% of loans were directed towards payrolls. Cointelegraph Magazine - Cointelegraph, Get Ready for the Great Urban Comeback - The Atlantic, Q&A: Lucas Wrench of OK #1 | The-voice | tulsapeople.com - tulsapeople.com, Twitter Had A Meltdown Over What 'Red Flags' To Look Out For On a Man's Bookshelf - Junkee, There's more than one way to deliver the mail - Newsday, Before Watching HBO's The Vow, Here's What You Need to Know About the NXIVM Cult - POPSUGAR, Who Is Keith Raniere of 'The Vow' - Where Is He Now? Companies said that the funding supported more than 51 million jobs. Revealed: How U.S. Gov't & Hollywood Secretly Worked Together to Justify Atomic Bombings of Japan - Democracy Now! To learn more about our cartoon syndication services. 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. Data on who got them was recently released after pressure from news organizations and lawmakers. The loans have reached diverse communities proportionally, across all income levels and demographics. Dig Deeper: See the full searchable list of who received Mississippi PPP loans. 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. 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. And what do kangaroos have to do with it? 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 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. 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. Read more. 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.
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