On average, businesses in the state received about $7,000 per employee. To learn more about our cartoon syndication services. Searchable PPP Loans - Businesses with PPP Loan 2021 Small Business Administration (SBA) released a list of all the businesses their loan amount with Bank and business details. 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. "We made a commitment to our employees at the outset of this crisis that we would take every action available to us to keep everyone healthy, paid, working and productive," the statement said. Rep VickyHartzler, R-Mo., on Thursday disclosed that her family's businesses received nearly $480,000. LEARN MORE ABOUT WHO QUALIFIES BY CLICKING HERE. While many companies did not provide demographic information, the data suggests the vast majority of money went to white-owned businesses. "This money helped us bridge a gap to keep people gainfully employed," the statement said. Here's What's Wrong With Ayn Rand's Philosophy - The Paul and Romney embarrass themselves by lashing out at trans athletes - Outsports, The rise and fall of Netflix - Spectator.co.uk, Wonder Woman 1984: Who plays the 'other' Steve Trevor? - 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? Lawmakers have also pushed to find out if politicians or their families' have taken on funds from the program. 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. This work is licensed under a Creative Commons Attribution-NoDerivatives 4.0 International License. We center readers in everything we do, informingand engagingMississippians through reporting, podcasts, events and online communities. The program caps forgiveness for salaries at $100,000 per employee, more than twice the states median household income. 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. Separately, Mississippi is in the process of distributing grants to many small businesses using federal funds it received for virus relief. 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. We do not sell or share your information with anyone. You gain access to: Lawmakers drew up a list of specific industries and estimated that there were about 30,000 small business within those industries. Alex Rozier, from New York City, is Mississippi Todays data and environment reporter. - Study Breaks, Get Ready for a Week of Unhinged Attacks on Biden and Harris - The Bulwark. The vast majority of those companies taking part in the program some 38,035 organizations received PPP loans less than $150,000. The published data now include specific amounts businesses have received, as well as the names of places that got smaller loans. John Farrell, a Republican donor and real estate developer also received a PPP loan. - 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? 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. 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 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. 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? 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. - TheArticle, Is Ethereum left and Bitcoin right? The Ayn Rand Institute received a loan and defended it on Twitter. Search through Mississippi businesses that benefited from the Paycheck Protection Program with our database by searching below. Ruth's Hospitality Group, which owns the Ruth's Chris Steak House chain, AutoNationand ShakeShack are among those that took out PPP loans. They included Jackson Academy and Jackson Prep, which both received at least $1 million. here 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. Heatmap of PPP Loans by Zip Code in Mississippi, Number of Loans Issued by Date in Mississippi, Summary of PPP Loans by County in Mississippi, Top 25 Cities in Mississippi by Number of PPP Loans. Restaurant chains like P.F. The SBA states that the PPP program is designed to help small businesses keep workers on payroll. Several other companies, shown below, received enough in loans to pay each employee over six figures. - 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. 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. Under the law, Mississippi received $1.25 billion. On average, businesses in the state received about $7,000 per employee. Data is a real-time snapshot *Data is delayed at least 15 minutes. of Loans Jobs Retained Northeast wind 0 to 5 mph. 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. In Mississippi, nearly all 96% of loans were directed towards payrolls. According to the data set, these loans will allow the businesses to retain a total of 412,492 jobs. But of those that did, white-owned businesses in the state outnumbered all others that got money combined including Black, Hispanic, Asian and American Indian businesses by a five-to-one margin. 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 Ayn Rand Institute, named for the objectivist writer cited as an influence on libertarian thought, was approved for $350,000 to $ 1 million. 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. The bill Congress passed to replenish the program in April included $60 billion specifically for small lenders in response to concerns about businesses without a traditional banking relationship accessing loans. The released data also include information about smaller loan recipients, but excluded their names. 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. 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. Staffing companies, pipeline and electric utilities maintenance companies, heavy machinery and tire dealers, and restaurant chains all received millions. 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. CNBC's Kate Rogers, Betsy Spring, Kevin Breuninger and Kayla Tausche contributed to this report. Alex Rozier, from New York City, is Mississippi Todays data and environment reporter. A pedestrian wearing a protective mask walks past a Shake Shack restaurant in Washington, D.C., U.S., on Monday, April 20, 2020. Click on a company's name to see additional loan details. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. $2M - $5M: 118 Recipients. Sign up for free newsletters and get more CNBC delivered to your inbox. Credit: Eric J. Shelton/Mississippi Today, If you are an existing Print subscriber click. 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. Almost all of that money has yet to be distributed. 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. Each small business was supposed to receive a $2,000 check. Disbursements to Mississippi businesses ranged from $100 to a $10 million loan, which went to Staff Pro LLC, an employment agency in Gulfport.
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