Trump on Saturday signed the extension into law. More than 50 individual churches received $150,000 or more. 3 On Your Side Investigates: Paycheck Protection Under Closer - WLBT Please reload the page and try again. 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. Sign up for free newsletters and get more CNBC delivered to your inbox. 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. A handful of Mississippi's private colleges also received assistance. 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. 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 PPP Loans 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? Loans Issued In Mississippi PPP Recipients Browse PPP Loans By State Mississippi Select a City for all PPP loans filed within that jouristiction, or search the entire state filings here: Show entries Search: Processing. - South Carolina Public Radio, Did the John Birch Society Win in the End? The released data also include information about smaller loan recipients, but excluded their names. Industries getting the largest share of net PPP dollars were health and social assistance, professional, scientific and technical services, construction and manufacturing. 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. For all loans below $150,000, SBA is releasing all of the above information except for business names and addresses. Chao is the wife of Senate Majority Leader Mitch McConnell, R-Ky. Perdue Inc., a trucking company co-founded by Agriculture Secretary Sonny Perdue, was approved for $150,000 to $350,000 in loan money. The company is investing $2.4 million in their Mississippi operation and adding 32 new jobs. St. Andrew's Episcopal Day School in Ridgeland got at least $2 million. PPP recipient list: Which companies got PPP loans? - The Business Journals 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). 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? The SBA states that the PPP program is designed to help small businesses keep workers on payroll. A searchable database of federal 2020 Paycheck Protection Program loans. 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. At least 20 Mississippi hospitals received PPP money, with numerous dentists' and doctors' offices also getting the loans. Each small business was supposed to receive a $2,000 check. This disclosure covers each of the 4.9 million PPP loans that have been made. Republish our articles for free, online or in print, under a Creative Commons license. 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. Under the law, Mississippi received $1.25 billion. We prefer Author Name, Mississippi Today in the byline. The average loan size is approximately $100,000, demonstrating that the program is serving the smallest of businesses, he continued. 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. A total of 45,812 loans were distributed to Mississippi leading to a reported 412,461 jobs being retained. In Mississippi, nearly all 96% of loans were directed towards payrolls. Ruth's Hospitality Group, which owns the Ruth's Chris Steak House chain, AutoNationand ShakeShack are among those that took out PPP loans. On average, businesses in the state received about $7,000 per employee. Religious groups in the state received between $53 and $80 million, spread across 80 different organizations. 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. On average, businesses in the state received about $7,000 per employee. Across the country, more than 660,000 businesses received $150,000 or up to the $10 million maximum from the small-business lending program. We prefer Author Name, Mississippi Today in the byline. Revealed: How U.S. Gov't & Hollywood Secretly Worked Together to Justify Atomic Bombings of Japan - Democracy Now! 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. On average, businesses in the state received about $7,000 per employee. 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 --. Updated List of PPP and EIDL Loan Fraud Criminal Cases Editorial cartoons and photo essays are not included under the Creative Commons license and therefore do not have the "Republish This Story" button option. The Mississippi Department of Revenue is in charge of distributing $60 million to businesses that were forced to close by the governor's orders. 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. All rights reserved. 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. [The full list is available on the Small Business Administration website, which you can access here.]. In total, over 79,000 businesses in Mississippi have been approved for PPP loans. Graphics by CNBC's John Schoen. Last month, Congress passed a bill easing the terms for how businesses can use the funds and qualify for forgiveness. 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. PPP list: Who received federal loans in Mississippi? There is not an exact figure because many of these loans are disclosed in ranges. - The Bulwark, Members Outspoken on The Left's Priorities - AMAC - The Association of Mature American Citizens - AMAC, diSConnected: Is Ayn Rand or Mother Teresa better for protecting South Carolinians with disabilities? 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. The U.S. government has released a list of businesses that have received emergency pandemic loans of $150,000 or more. 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. While many companies did not provide demographic information, the data suggests the vast majority of money went to white-owned businesses. Skip Tracking PPP: Search Every Company Approved for Federal Loans - ProPublica While the aim of the program was to aid ailing companies with less than 500 employees, its effectiveness has remained unclear. TGI Fridays, which is backed by private equity firm TriArtisan Capital Advisors, received at least $5 million. Mississippi PPP loan recipients: See the full searchable list of who By clicking submit, you agree to share your email address with Mississippi Today. 2023 - Land Title Association of Mississippi, Supreme Court will hear a case challenging CFPB funding, ALTA Applauds Passage of SECURE Notarization Act in the House of Representatives, Title Companys Crime Policy Covers Fraudulent Wire Transfer, Central Florida Court Research and Document Retrieval. 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. Summary of PPP Loans in Mississippi. Todays release includes loan-level data, including business names, addresses, NAICS codes, zip codes, business type, demographic data, non-profit information, name of lender, jobs supported, and loan amount ranges as follows: These categories account for nearly 75 percent of the loan dollars approved. Millsaps, Tougaloo and Rust colleges each receivedbetween $2 million and $5 million. - 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. The Ayn Rand Institute, named for the objectivist writer cited as an influence on libertarian thought, was approved for $350,000 to $ 1 million. The sum total of loans amounts to in excess of $521 billion, and in a statement, Treasury Secretary Steve Mnuchin remarked, "The PPP is providing much-needed relief to millions of American small . Bienville Orthopaedic Specialists, L.L.C. - the ability to be paid for posting You can only publish select stories individually not as a collection. We are particularly pleased that 27% of the programs reach in low and moderate income communities which is in proportion to percentage of population in these areas. Our stories may appear on pages with ads, but not ads specifically sold against our stories. According to the data set, these loans will allow the businesses to retain a total of 412,492 jobs. John Farrell, a Republican donor and real estate developer also received a PPP loan. The goal is to fund small businesses that have been economically impacted due to the coronavirus pandemic. We believe that an informed Mississippi is a better Mississippi. More than 45,000 loans worth nearly $3.2 billion were approved in Mississippi by the Small Business Administration, according to Mississippi Bankers Association. 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. 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. Search through Mississippi businesses that benefited from the Paycheck Protection Program with our database by searching below. The grant program is being overseen by the Mississippi Development Authority, which has contracted with a company to help run it. 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. Grace Pateras and Joe Harrington contributed to this story. Companies that maintain most of their payroll through the span of the loan may convert those funds into a grant. Does something look fishy to you? 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. 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. 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. So here are the links and resources I mentioned. Mississippi PPP loan recipients: See the full searchable list of who 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. Get this delivered to your inbox, and more info about our products and services. Our stories may appear on pages with ads, but not ads specifically sold against our stories. Other loans went topolitically connected law firms such as Butler Snow, religious organizations including the state's Catholic dioceses, and private schools such as Jackson Prep. 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. 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. With your help, we've gotten a lot done but we're not finished yet! Larger and public companies initially took advantage of loosely written language to tap the funds for themselves. The U.S. government has released a list of businesses that have received emergency pandemic loans of $150,000 or more. 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 Roman Catholic dioceses in California, New York, Nevada, Tennessee and Kentucky also received loans. The Ayn Rand Institute received a loan and defended it on Twitter. 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. 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. 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 SBA states that the PPP program is designed to help small businesses keep workers on payroll. The published data now include specific amounts businesses have received, as well as the names of places that got smaller loans. Disbursements to Mississippi businesses ranged from $100 to a $10 million loan, which went to Staff Pro LLC, an employment agency in Gulfport. The Ayn Rand Institute received a loan and defended it on Twitter. By industry: The US government recently added a second round of $310 billion to PPP loan program. Release from the U.S. Department of Treasury. PPP list: Who received federal loans in Mississippi? Some 3,890 Mississippi companies received PPP loans in excess of $150,000. 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. 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 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. 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. We want to hear from you. The Roman Catholic dioceses in California, New York, Nevada, Tennessee and Kentucky also received loans. For nearly two decades, he has reported and offered analysis on government, public policy, business and matters of faith. Why PPP Loan Recipients in Mississippi Could Be at Risk