The Archdiocese of New York got a loan valued at between $5 million and $10 million, while the Catholic Charities of the Archdioceses of San Francisco, Washington, D.C., New Orleans and Boston, among others, all received assistance valued at more than $2 million. To republish online, simply click the button, copy the html code and paste into your Content Management System (CMS). 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. 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. On average, businesses in the state received about $7,000 per employee. 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. 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 Roman Catholic dioceses in California, New York, Nevada, Tennessee and Kentucky also received loans. In Mississippi, 17 businesses received loans between $5-$10 million, the highest range of funding. Contact Giacomo "Jack" Bologna at 601-961-7282 or gbologna@gannett.com. The Government alleged that Mr. Martinez acquired approval to issue PPP loans as a non-bank lender and earned over $70 million in lender fees. Internationally, South Korean airline Korean Air received a PPP loan. 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To republish online, simply click the button, copy the html code and paste into your Content Management System (CMS). Global Business and Financial News, Stock Quotes, and Market Data and Analysis. At least 20 Mississippi hospitals received PPP money, with numerous dentists' and doctors' offices also getting the 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. 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. You have to credit Mississippi Today. More than $4 billion in PPP loans have now made its way to Mississippi after Congress approved another round of federal support this year. For example: trucking , hospice , television , Kasowitz Benson Torres , 90210 , Sole. So here are the links and resources I mentioned. Mississippi companies reported the aid will help them retain about 412,000 jobs about one-third of the state's total workforce. This disclosure covers each of the 4.9 million PPP loans that have been made. 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. For all loans below $150,000, SBA is releasing all of the above information except for business names and addresses. 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). The loan amount is based on the number of employees and average payroll costs, and while at least 60% of the loan must be used for payroll, the other 40% can be used for interest on mortgages, rent and utilities. 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. LEARN MORE ABOUT WHO QUALIFIES BY CLICKING HERE. Look for the "Republish This Story" button underneath each story. The PPP is providing much-needed relief to millions of American small businesses, supporting more than 51 million jobs and over 80 percent of all small business employees, who are the drivers of economic growth in our country, said Secretary Steven T. Mnuchin. Dig Deeper: See the full searchable list of who received Mississippi PPP loans. 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. 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. Does something look fishy to you? This is NOT a directory of companies that received a loan using SBA.com loan request service. The Ayn Rand Institute, named for the objectivist writer cited as an influence on libertarian thought, was approved for $350,000 to $ 1 million. Loan Range No. More than 45,000 loans worth nearly $3.2 billion were approved in Mississippi by the Small Business Administration, according to Mississippi Bankers Association. Each small business was supposed to receive a $2,000 check. Republish our articles for free, online or in print, under a Creative Commons license. 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. 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. Mississippi Today published info on many of the businesses receiving money last summer, but the Small Business Administration has since made public more information on PPP recipients following a lawsuit from the Washington Post and other outlets. There is not an exact figure because many of these loans are disclosed in ranges. 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. Restaurant chains P.F. - 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? Report it to the Small Business Administrations with just a few clicks. Copyright 2022 PPP Directory. 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. Almost 4,000 women-owned businesses reported receiving loans. The federal government hassentmore than $3 billion in small business loans to Mississippi businesses and nonprofits, savinghundreds of thousands of jobs in recent months, new data shows. - 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? See the full searchable list of who received Mississippi PPP loans, law firm where House Speaker Philip Gunn works, Businesses with ties to Tate Reeves received loans, Your California Privacy Rights/Privacy Policy. John Farrell, a Republican donor and real estate developer also received a PPP loan. ben suarez bread / joseph wiley kim burrell / list of ppp loan recipients by name california. - the ability to be paid for posting Changs, Legal Sea Foods and Silver Diner either received PPP loans or had investors connected to the company that did. The law firm where House Speaker Philip Gunn works, Wells Marble & Hurst, received between $350,000 and $1 million. While the aim of the program was to aid ailing companies with less than 500 employees, its effectiveness has remained unclear. 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. 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. The Associated Press contributed to this report. The goal is to fund small businesses that have been economically impacted due to the coronavirus pandemic. Companies said that the funding supported more than 51 million jobs. About 87% of the loans were for less than $150,000, according to the SBA. Businesses linked to Gov. 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. But thousands of Magnolia State companies also got the Small Business Administration aid without promising to retain any workers. 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. The biggest loans went toconstruction contractors such as F.L. Separately, Mississippi is in the process of distributing grants to many small businesses using federal funds it received for virus relief. 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. You can review the data set released by Treasury and SBAto learn more about Mississippi PPP recipients. Those loans represent nearly three-fourths of total loan dollars approved, but a far smaller proportion of the number of actual loans. Ruth's Hospitality Group, which owns the Ruth's Chris Steak House chain, AutoNationand ShakeShack are among those that took out PPP loans. More than $30 billion in loans were returned overall, senior administration officials who declined to be named said Monday. 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? Get this delivered to your inbox, and more info about our products and services. PPP Loan Search MS You cant edit our stories, except to reflect relative changes in time, location and editorial style. Several other companies, shown below, received enough in loans to pay each employee over six figures. Otherwise, it carries a 1 percent interest rate and must be repaid within two years. Changs, Legal Sea Foods and Silver Diner either received PPP loans or had investors connected to the company that did. $1M - $2M: 291 Recipients. The program is part of the Coronavirus Aid, Relief and Economic Security Act President Donald Trump signed. By industry: Search through Mississippi businesses that benefited from the Paycheck Protection Program with our database by searching below. The woman submitted two fraudulent PPP loan applications, and was sentenced to three years of probation and ordered to pay full restitution of the fraudulently obtained loan. The association said the "vast majority" of the loans originated at banks headquartered in the state. By clicking submit, you agree to share your email address with Mississippi Today. Franks interviews, articles, and columns have been shared throughout Mississippi as well as in national publications such as the Daily Caller. Businesses who qualified hair salons, gyms, certain retail stores and many others were supposed to be sent the $2,000 check automatically. 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. 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. 177878 177879 Larger and public companies initially took advantage of loosely written language to tap the funds for themselves. Chang's China Bistro and Chop't received aid of between $5 million and $10 million. This disclosure covers each of the 4.9 million PPP loans that have been made. Grace Pateras and Joe Harrington contributed to this story. Help keep the momentum going by rejoining our member community today. At least a dozen prominent investment firms obtained hundreds of thousands of dollars in assistance each, with at least two saying the money would help retain zero jobs. Who in Mississippi got Paycheck Protection Program loans during the pandemic? The average loan size is approximately $100,000, demonstrating that the program is serving the smallest of businesses, he continued. 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. At least two casino companies and a pair of yacht clubs on the Coast received funds as well. Treasury Secretary Steven Mnuchin sparked an outcry from Democratswhenheoriginallyimplied that theTrump administration would not disclose the names of participants. Companies applying had to show that "economic uncertainty makes this loan request necessary to support the ongoing operations" of the company, as well as an inability "to access other sources of liquidity, according to the SBA. The Clarion Ledger reached out to several companies that received at least $5 million through the program.