Narrow the list by typing in a business or city name. The published data now include specific amounts businesses have received, as well as the names of places that got smaller loans. The grant program is being overseen by the Mississippi Development Authority, which has contracted with a company to help run it. Those loans represent nearly three-fourths of total loan dollars approved, but a far smaller proportion of the number of actual loans. This field is for validation purposes and should be left unchanged. The U.S. government has released a list of businesses that have received emergency pandemic loans of $150,000 or more. !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: In 2020, Mississippi Today sought a Paycheck Protection Program loan, which was approved and disbursed. 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. Follow him on Twitter @gbolognaCL. The overwhelming majority of owners who received PPP loans legitimately used the money to retain employees and stay operational. By clicking submit, you agree to share your email address with Mississippi Today. You gain access to: - TheArticle, Is Ethereum left and Bitcoin right? The program caps forgiveness for salaries at $100,000 per employee, more than twice the states median household income. The Ayn Rand Institute received a loan and defended it on Twitter. The Clarion Ledger reached out to several companies that received at least $5 million through the program. All rights reserved. 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. 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. Manley said that business owners who did not receive a check, but felt they qualified should email covid19relief@dor.ms.gov with their business name, account number and the reason they believe their business met the criteria for the $2,000 check. This table shows the top 5 industries in Mississippi by number of loans awarded, with average loan amounts and number of jobs reported. Included in the data were car dealerships, nonprofit organizations, churches, oil and gas industry support companies, medical practices, zoos, law firms, and colleges. A pedestrian wearing a protective mask walks past a Shake Shack restaurant in Washington, D.C., U.S., on Monday, April 20, 2020. More than $30 billion in loans were returned overall, senior administration officials who declined to be named said Monday. [The full list is available on the Small Business Administration website, which you can access here.]. About 87% of the loans were for less than $150,000, according . 177878 177879 Dozens of private and charter schools got aid. 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. We center readers in everything we do, informingand engagingMississippians through reporting, podcasts, events and online communities. - 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? Your California Privacy Rights / Privacy Policy. 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 Retzer Group, which operates McDonald's franchises, got at least $5 in PPP money. There was an error and we couldn't process your subscription. The average amount was about $69,000, the lowest in the country. 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. 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 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're dedicated to keeping Mississippians informed with our thorough reporting. Email Frank: frank@magnoliatribune.com. 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. Companies said that the funding supported more than 51 million jobs. The released data also include information about smaller loan recipients, but excluded their names. 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. If you do not have an existing account, you can also easily use an existing Google, Facebook or Apple account. PAW Patrol Wasn't Canceled. The U.S. government has released a list of businesses that have received emergency pandemic loans of $150,000 or more. Ruth's Hospitality Group, which owns the Ruth's Chris Steak House chain, AutoNationand ShakeShack are among those that took out PPP loans. For all loans below $150,000, SBA is releasing all of the above information except for business names and addresses. John Farrell, a Republican donor and real estate developer also received a PPP loan. Any amount helps us keep producing quality journalism for Mississippi. Otherwise, it carries a 1 percent interest rate and must be repaid within two years. - Houston Chronicle, The Simpsons' Playdate With Destiny Short Was A Product Of Serendipity - /Film, Filthy Animals Pries Open The Violent, Animalistic Notions In Human Relationships - Gaysi, How Isabel Paterson Helped Ayn Rand Find Atlantis - The Objective Standard, Where Is 'The Anarchists' Star Jason Henza Today? You can only publish select stories individually not as a collection. 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. But about 3,500 Mississippi businesses that received PPP loans said they would retain zero jobs with the money. At least two casino companies and a pair of yacht clubs on the Coast received funds as well. You have to credit Mississippi Today. Contact Giacomo "Jack" Bologna at 601-961-7282 or gbologna@gannett.com. Clarification: The story has been edited to clarify that franchisees of national chains applied and received PPP loans rather than the chains corporate bodies. Grace Pateras and Joe Harrington contributed to this story. On average, businesses in the state received about $7,000 per employee. 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 . Release from the U.S. Department of Treasury. By industry: Lawmakers have also pushed to find out if politicians or their families' have taken on funds from the program. In Mississippi, nearly all 96% of loans were directed towards payrolls. 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. Help keep the momentum going by rejoining our member community today. If you are an existing Print subscriber click HERE for your login info. 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. 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. 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. 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. 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. Meanwhile, 78 white business owners received loans for at least $1 million.