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The loan data also include demographics of the borrowers, although most businesses left those fields blank. Southern States Utility Trailer Sales Inc. Loan Range No. The U.S. Small Business Administration, in consultation with the Treasury Department, today announced it was releasing detailed loan-level data regarding the loans made under the Paycheck Protection Program (PPP). Classical Economists - The Objective Standard, Opinion | Demolishing the Demonic Plans of Our Enemy, and Can We Get An Amen - Common Dreams, Ayn Rand's We the Living: Back on the Silver Screenand Better Than Ever - The Objective Standard, Congress revival: Time to break free of family - The Hans India, The Financial Dark Ages Are Ending Thanks To Bitcoin - Bitcoin Magazine, Marital rape: How understanding context rather than just focusing on consent will help resolve the issue - Firstpost, Deadly Class Season 2: Is a Release Date or Rumor in the Offing on Netflix? Each small business was supposed to receive a $2,000 check. Any amount helps us keep producing quality journalism for Mississippi. 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. Below is a list of South Mississippi business that received PPP loans . Mississippi TUPELO 169 PPP loans (>$150k) have been issued in the city of TUPELO, MS. All publically available loans are listed here in order of business name. The company is investing $2.4 million in their Mississippi operation and adding 32 new jobs. Any web site our stories appear on must include a contact for your organization. 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. You gain access to: Clear, with a low around 41. 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. 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. Search through Mississippi businesses that benefited from the Paycheck Protection Program with our database by searching below. Of the Mississippi businesses that did answer, 75 percent were male, and 83 percent were white. 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. John Farrell, a Republican donor and real estate developer also received a PPP loan. ben suarez bread / joseph wiley kim burrell / list of ppp loan recipients by name california. In Mississippi, nearly all 96% of loans were directed towards payrolls. $150K - $350K: 2,358 Recipients. 2023 Magnolia Tribune. There is further data we're working on for the loans under $150k however so check back in the future for that. The goal is to fund small businesses that have been economically impacted due to the coronavirus pandemic. TGI Fridays, which is backed by private equity firm TriArtisan Capital Advisors, received at least $5 million. to see all of their content. The US government recently added a second round of $310 billion to PPP loan program. Search through Mississippi businesses that benefited from the Paycheck Protection Program with our database by searching below. 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. 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 --. Those in excess of $150,000 break down as follows: $5M - $10M: 16 Recipients. 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. This is NOT a directory of companies that received a loan using SBA.com loan request service. This company embraced the coronavirus economy and now it is hiring workers. - Vox.com, Conservative Theologically, but Liberal Politically | Gene Veith - Patheos, Who is Jonathan Swan, the reporter who grilled Trump? The Clarion Ledger reached out to several companies that received at least $5 million through the program. 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. You cant edit our stories, except to reflect relative changes in time, location and editorial style. The loan amount is based on the number of employees and average payroll costs, and while at least 60% of the loan must be used for payroll, the other 40% can be used for interest on mortgages, rent and utilities. More than 50 individual churches received $150,000 or more. A total of 45,812 loans were distributed to Mississippi leading to a reported 412,461 jobs being retained. Internationally, South Korean airline Korean Air received a PPP loan. Gov. The Small Business Administration has released a list of businesses that have received emergency pandemic. Changs, Legal Sea Foods and Silver Diner either received PPP loans or had investors connected to the company that did. Grace Pateras and Joe Harrington contributed to this story. After those funds quickly ran out, the government replenished the program with an additional $310 billion. 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. Browse & Search CARES Act PPP Recipients by Company names The following data was provided by the SBA & US Treasury Department showing a breakdown of all the name of companies who received PPP loans over $150,000. Yet dozens of large national chains came away with millions in loans on behalf of their Mississippi locations; McDonalds, for instance, received $14.8 million to support 28 locations in the state, despite being a multinational corporation that made $4.7 billion in profit last year. Narrow the list by typing in a business or city name. Wall Street investment groups, including Semper Capital Management LP and Domini Impact Investments LLC, which manage billions of dollars, also received PPP loans according to Reuters. - 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. here In Mississippi, 17 businesses received loans between $5-$10 million, the highest range of funding. Our stories may appear on pages with ads, but not ads specifically sold against our stories. Founded in 2016 as the states first nonprofit, nonpartisan newsroom, Mississippi Todays roots in Capitol coverage have grown to encompass a myriad of beats beyond politics and policy, including education, public health, justice, environment, equity, and, yes, sports. 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. According to the data set, these loans will allow the businesses to retain a total of 412,492 jobs. Tate Reeves also got PPP money. The overwhelming majority of owners who received PPP loans legitimately used the money to retain employees and stay operational. 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. The SBA states that the PPP program is designed to help small businesses keep workers on payroll. 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? John Farrell, a Republican donor and real estate developer also received a PPP loan. This table shows the top 5 industries in Mississippi by number of loans awarded, with average loan amounts and number of jobs reported. 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. Religious groups in the state received between $53 and $80 million, spread across 80 different organizations. Graphics by CNBC's John Schoen. You can only publish select stories individually not as a collection. A pedestrian wearing a protective mask walks past a Shake Shack restaurant in Washington, D.C., U.S., on Monday, April 20, 2020. All rights reserved. Updated July 25, 2022 Search for PPP loan applications by organization, lender, zip code and business type. We do not sell or share your information with anyone. We believe that an informed Mississippi is a better Mississippi. The US government recently added a second round of $310 billion to PPP loan program. We prefer Author Name, Mississippi Today in the byline. Alex Rozier, from New York City, is Mississippi Todays data and environment reporter. By industry: The Paycheck Protection Program loans were doled out as the coronavirus pandemic shuttered the U.S. economy. 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