The biggest loans went toconstruction contractors such as F.L. 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. You gain access to: Revealed: How U.S. Gov't & Hollywood Secretly Worked Together to Justify Atomic Bombings of Japan - Democracy Now! The Roman Catholic dioceses in California, New York, Nevada, Tennessee and Kentucky also received loans. PPP Small Business Relief Will Likely Not Help All. Other major law firms, such asForman Watkins & Krutz, Watkins & Eager,Brunini Grantham Grower & Hewes, and Schwartz and Associates, got millions of dollars through PPP. About 87% of the loans were for less than $150,000, according . PPP list: Who received federal loans in Mississippi? 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. Bienville Orthopaedic Specialists, L.L.C. Separately, Mississippi is in the process of distributing grants to many small businesses using federal funds it received for virus relief. a proud member of the Wochit. TUPELO MS PPP Loan Data Clarification: The story has been edited to clarify that franchisees of national chains applied and received PPP loans rather than the chains corporate bodies. In Mississippi, nearly all 96% of loans were directed towards payrolls. The program's critics have expressed concern that the amount of untapped funds could show that rural or minority-owned businesses with weaker or no banking relationships have had trouble accessing relief money. By industry: On average, businesses in the state received about $7,000 per employee. 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. There was an error and we couldn't process your subscription. Of the Mississippi businesses that did answer, 75 percent were male, and 83 percent were white. Central Mississippi Civic Improvement Association, Inc. Commercial and Institutional Building Construction, Seafood Product Preparation and Packaging, East Mississippi Electric Power Association. John Farrell, a Republican donor and real estate developer also received a PPP loan. Many colleges have taken a financial hit after refunding students for room, board and other fees that come with attending class in-person. Contact Giacomo "Jack" Bologna at 601-961-7282 or gbologna@gannett.com. This field is for validation purposes and should be left unchanged. The vast majority of Mississippi loan recipients,more than 30,000,did not appear to provide information in their applications about race and ethnicity of ownership. Just look at shares of one of the largest office REITs, whenheoriginallyimplied that theTrump administration would not disclose the names of participants, tried to take the restaurant chain public, More than $30 billion in loans were returned overall, forced to close shop as result of the pandemic. 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. The goal is to fund small businesses that have been economically impacted due to the coronavirus pandemic. The Ayn Rand Institute received a loan and defended it on Twitter. 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? Almost all of that money has yet to be distributed. 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, Copyright 2000 to 2023 Prometheism Transhumanism Post Humanism | Prometheism | Euvolution | Pierre Teilhard De Chardin, 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. But the businesses reported the total when they applied for loans, and it is unclear how many of those employees stayed on the payroll. Three Hispanic, two Asian and zero American Indian businesses reported receiving at least that amount. Who will win? 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. Why PPP Loan Recipients in Mississippi Could Be at Risk How's the return to office going? Jared Kushner's parents' family foundation supports the school, NBC News reported. To learn more about our cartoon syndication services. Mississippi companies reported the aid will help them retain about 412,000 jobs about one-third of the state's total workforce. If you are an existing Print subscriber click HERE for your login info. The largest loans were only recorded in the data as ranges. 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? To republish online, simply click the button, copy the html code and paste into your Content Management System (CMS). The US government recently added a second round of $310 billion to PPP loan program. Report it to the Small Business Administrations with just a few clicks. Trump on Saturday signed the extension into law. Chang's China Bistro and Chop't received aid of between $5 million and $10 million. - The Week, Daily Reformer: Hagehan The First Couple Of Minnesota Politics - Patch.com. Businesses linked to Gov. Editorial cartoons and photo essays are not included under the Creative Commons license and therefore do not have the "Republish This Story" button option. 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. Alex Rozier, from New York City, is Mississippi Todays data and environment reporter. Tate Reeves also got PPP money. 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 average loan size is approximately $100,000, demonstrating that the program is serving the smallest of businesses, he continued. The loan data also include demographics of the borrowers, although most businesses left those fields blank. The disclosure comes amid demands from Democrats for more transparency around the Paycheck Protection Program, or PPP, funds established as part of the $2 trillion CARES Act, which President Donald Trump signed this spring. 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. 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 Treasury Department and Small Business Administration on Monday disclosed the names of businesses to whom they have lent more than $150,000 as part of the Paycheck Protection Program. Narrow the list by typing in a business or city name. 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. 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. Got a confidential news tip? More than $30 billion in loans were returned overall, senior administration officials who declined to be named said Monday. Applicants in California received the most money overall with $68.2 billion, followed by Texas at $41.1 billion and New York at $38.3 billion. The program was initially rolled out in April, offering $349 billion to small businesses. 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. - Scuttlebutt Sailing News, Bill Maher Addressed an Eventful Political Week on Real Time - InsideHook, Letter: The rules of life are very simple - Detroit Lakes Tribune, The Banality of Putin and Xi | Yaron Brook and Elan Journo - IAI, American culture is destroying itself, and the planet, says leading activist Bill McKibben - Yahoo Philippines News, Is Discussing the Consequences of Anti-Vaccine Disinformation Fun? In total, over 79,000 businesses in Mississippi have been approved for PPP loans. And more than 1,000 recipients apparently did not answer the question about saving jobs at all, according to the data. Graphics by CNBC's John Schoen. here Several other companies, shown below, received enough in loans to pay each employee over six figures. No city is better suited to serve as a hub for innovation and growth than Gulfport, Mayor Hewes writes. For nearly two decades, he has reported and offered analysis on government, public policy, business and matters of faith. Narrow the list by typing in a business or city name.
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