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Alex Rozier, from New York City, is Mississippi Todays data and environment reporter. A total of 45,812 loans were distributed to Mississippi leading to a reported 412,461 jobs being retained. The spectrum of businesses receiving PPP loans crossed . 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. Under the law, Mississippi received $1.25 billion. Restaurant chains like P.F. While the aim of the program was to aid ailing companies with less than 500 employees, its effectiveness has remained unclear. Businesses who qualified hair salons, gyms, certain retail stores and many others were supposed to be sent the $2,000 check automatically. 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. We believe that an informed Mississippi is a better Mississippi. The loans have reached diverse communities proportionally, across all income levels and demographics. The Ayn Rand Institute received a loan and defended it on Twitter. They included Jackson Academy and Jackson Prep, which both received at least $1 million. Lawmakers decided in mid-May to set aside $300 million of that money for small business owners. Democrats have sought assurances that programs established to help Main Street sufficiently reach those who most need 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. - 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. Look for the "Republish This Story" button underneath each story. The Associated Press contributed to this report. 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. Search through Mississippi businesses that benefited from the Paycheck Protection Program with our database by searching below. 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. 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. 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. Each small business was supposed to receive a $2,000 check. Both businesses were approved to receive between $150,000 and $350,000 each. In Mississippi, nearly all 96% of loans were directed towards payrolls. | Jones - PennLive, A high point of our time in southern Alberta, Canada - Patheos, 4 Pillars of The Illusion | C. Don Jones - Patheos, The Philosophic Case for the Absolute Right to Abortion - New Ideal, R2AK: Will monohulls sweep the podium? 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. 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. [The full list is available on the Small Business Administration website, which you can access here.]. Yet franchisees in Mississippi from dozens of large national chains came away with millions in loans; 28 of McDonalds locations in Mississippi, for instance, received a combined $14.8 million, despite the chain being a multinational corporation that made $4.7 billion in profit last year. 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 Retzer Group, which operates McDonald's franchises, got at least $5 in PPP money. PAW Patrol Wasn't Canceled. The Ayn Rand Institute received a loan and defended it on Twitter. The data only identifies companies with loans worth more than $150,000. Credit: Eric J. Shelton/Mississippi Today, If you are an existing Print subscriber click. "This money helped us bridge a gap to keep people gainfully employed," the statement said. The goal is to fund small businesses that have been economically impacted due to the coronavirus pandemic. Any amount helps us keep producing quality journalism for Mississippi. Changs, Legal Sea Foods and Silver Diner either received PPP loans or had investors connected to the company that did. 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! PPP Small Business Relief Will Likely Not Help All. 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. Ambassador to Tanzania. $350K - $1M: 1,107 Recipients. The fate of Amtraks Gulf Coast return rests with a federal board, They couldve picked Elijah Moore, but Saints drafted Payton Turner. St. Andrew's Episcopal Day School in Ridgeland got at least $2 million. - UnHerd, Advice: Im a woman of color often overlooked at work until people realize I outrank them - The Boston Globe, Ayn Rand | Biography, Books, & Facts | Britannica, Gen Z is looking for meaning this holiday season, but maybe not where we expect - Religion News Service, Cryptocurrency and the Shocking Revelation That White Supremacists Like Money - tntribune.com, Seahawks vs Texans Week 14 Picks and Predictions: Learning To Fly Again - Covers, Forza Horizon 5s amazing intro shows why its a huge hit on Game Pass - Polygon, Celeb Shelf: Instead of scrolling through my phone I read a book, shares actor-turned-author Jugal Hansraj - Free Press Journal. 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. Grace Pateras and Joe Harrington contributed to this story. 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. 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. You can search the SBA's entire PPP loan data below. Todays release of loan data strikes the appropriate balance of providing the American people with transparency, while protecting sensitive payroll and personal income information of small businesses, sole proprietors, and independent contractors., The PPP is an indisputable success for small businesses, especially to the communities in which these employers serve as the main job creators, said Administrator Jovita Carranza. The Trump administration on Monday disclosed the names of many small businesses which received loans under a program intended to blunt the economic damage from the coronavirus pandemic. $1M - $2M: 291 Recipients. Otherwise, it carries a 1 percent interest rate and must be repaid within two years. If you do not have an existing account, you can also easily register or login with an existing Google, Facebook or Apple account. The Roman Catholic dioceses in California, New York, Nevada, Tennessee and Kentucky also received loans. 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. Click on a company's name to see additional loan details. All rights reserved. Scallan said the agency is still encouraging small business owners to apply for grants at the following website: www.backtobusinessms.org. - two free years of archived e-Editions While some minority-owned businesses may not have disclosed race in their application, only one Black business owner reported receiving a PPP loan worth at least $1 million. Paycheck Protection Program (PPP) loans have aided more than 5.2 million small business owners, providing a much-needed lifeline during the Coronavirus outbreak crisis. The published data now include specific amounts businesses have received, as well as the names of places that got smaller loans. Gov. MDA Spokeswoman Melissa Scallan said MDA is currently reviewing applications and could be issuing checks as early as this week or next week. 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. In Mississippi, nearly all 96% of loans were directed towards payrolls. His work has appeared in the Boston Globe, Open Secrets, and on NBC.com. Of the Mississippi businesses that did answer, 75 percent were male, and 83 percent were white. - 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. 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. Republish our articles for free, online or in print, under a Creative Commons license. Internationally, South Korean airline Korean Air received a PPP loan. Businesses linked to Gov. 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. 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. Those loans disclosed represent nearly three-fourths of total loan dollars approved, but a far smaller proportion of the number of actual loans. Bankers, lawyers, and consultants told Business Insider that the volume of pre-approved loans will soak up the second round of funding.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. About 87% of the loans were for less than $150,000, according . Email Frank: frank@magnoliatribune.com. For PPP Loans under $150,000 in Mississippi click here. 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. Other major law firms, such asForman Watkins & Krutz, Watkins & Eager,Brunini Grantham Grower & Hewes, and Schwartz and Associates, got millions of dollars through PPP. PPP loans helped businesses retain nearly 48,000 employees in our state. The largest loans were only. Dig Deeper: See the full searchable list of who received Mississippi PPP loans. The U.S. government has released a list of businesses that have received emergency pandemic loans of $150,000 or more. - 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. A spokesperson for the Agriculture Department said Perdue Inc., a trucking service, said the loan was for about $182,000 and supported 27 jobs. 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 . Southern Air Conditioning & Supply Inc., where Reeves is a shareholder and Coker & Palmer, Inc., an insurance agency where his wife, Elee Reeves, is a financial advisor, were among the businesses from Mississippi that received money in the coronavirus outbreak, according to the federal government. to see all of their content. examining federal efforts to prevent, detect, and prosecute pandemic relief fraud to safeguard funds for all eligible americans 117th congress (2021-2022) 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.

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