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The program has about $132 billion in funding remaining. Who will win? "The CARES Act was an umbrella act that distributed tons of money. PPP Small Business Relief Will Likely Not Help All. Restaurant chains P.F. 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. 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? Search through Mississippi businesses that benefited from the Paycheck Protection Program with our database by searching below. At least eight country clubs, such as the Diamondhead Country Club and Jackson Country Club, got approved for PPP money. A searchable database of federal 2020 Paycheck Protection Program loans. This year alone, nearly a hundred thousand Mississippians received $2.3 billion in PPP loans from the CARES Act, which provided much-needed financial assistance to business owners. Democrats have sought assurances that programs established to help Main Street sufficiently reach those who most need it. The Small Business Administration released a list of the businesses borrowing between $150,000 and $10 million under the loan program after members of Congress and media organizations pressured. Narrow the list by typing in a business or city name. In addition, the data provides information regarding the sizes of participating lenders and participation by community development financial institutions, minority depository institutions, Farm Credit System institutions, fintechs and other nonbanks, and other types of lenders. More than $4 billion in PPP loans have now made its way to Mississippi after Congress approved another round of federal support this year. Internationally, South Korean airline Korean Air received a PPP loan. As was the case after the first round of the Paycheck Protection Program last summer, the state's top recipients so far include restaurants, doctors' and dentists' offices, legal practices, construction companies, car dealers, hotels and religious organizations. On average, businesses in the state received about $7,000 per employee. The loan data also include demographics of the borrowers, although most businesses left those fields blank. This work is licensed under a Creative Commons Attribution-NoDerivatives 4.0 International License. We're dedicated to keeping Mississippians informed with our thorough reporting. The US government recently added a second round of $310 billion to PPP loan program. The Archdiocese of New York got a loan valued at between $5 million and $10 million, while the Catholic Charities of the Archdioceses of San Francisco, Washington, D.C., New Orleans and Boston, among others, all received assistance valued at more than $2 million. No city is better suited to serve as a hub for innovation and growth than Gulfport, Mayor Hewes writes. All Rights Reserved. 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. The SBA's list divides the PPP loan recipients . 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 average loan size is approximately $100,000, demonstrating that the program is serving the smallest of businesses, he continued. Any amount helps us keep producing quality journalism for Mississippi. 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. of Loans Jobs Retained The loans have reached diverse communities proportionally, across all income levels and demographics. 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. The U.S. government has released a list of businesses that have received emergency pandemic loans of $150,000 or more. Based on data from National Weather Service and OpenWeather. - the ability to be paid for posting 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. Grace Pateras and Joe Harrington contributed to this story. Todays data shows that small businesses of all types and across all industries benefited from this unprecedented program. There is not an exact figure because many of these loans are disclosed in ranges. 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. In Mississippi, nearly all 96% of loans were directed towards payrolls. If you do not have an existing account, you can also easily register or login with an existing Google, Facebook or Apple account. A spokesperson for the Agriculture Department said Perdue Inc., a trucking service, said the loan was for about $182,000 and supported 27 jobs. In Mississippi, nearly all 96% of loans were directed towards payrolls. by Alex Rozier, Mississippi Today April 30, 2021, This and is republished here under a Creative Commons license.
. 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. We do not sell or share your information with anyone. Help keep the momentum going by rejoining our member community today. 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? Doctors offices, restaurants and car dealers were the top businesses in Mississippi to receive loans from the $2 trillion coronavirus relief package signed into law this spring. 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 goal is to fund small businesses that have been economically impacted due to the coronavirus pandemic. Each small business was supposed to receive a $2,000 check. 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. Ruth's Hospitality Group, which owns the Ruth's Chris Steak House chain, AutoNationand ShakeShack are among those that took out PPP loans. Disbursements to Mississippi businesses ranged from $100 to a $10 million loan, which went to Staff Pro LLC, an employment agency in Gulfport. The program is part of the Coronavirus Aid, Relief and Economic Security Act President Donald Trump signed. In Mississippi, nearly all 96% of loans were directed towards payrolls. a proud member of the This field is for validation purposes and should be left unchanged. You have to credit Mississippi Today. Those loans disclosed represent nearly three-fourths of total loan dollars approved, but a far smaller proportion of the number of actual loans. Wochit. Click You gain access to: If you share our stories on social media, please tag us in your posts using. Look for the "Republish This Story" button underneath each story. This work is licensed under a Creative Commons Attribution-NoDerivatives 4.0 International License. Almost all of that money has yet to be distributed. The US government recently added a second round of $310 billion to PPP loan program. Narrow the list by typing in a business or city name. Loans Issued In Mississippi PPP Recipients Browse PPP Loans By State Mississippi Select a City for all PPP loans filed within that jouristiction, or search the entire state filings here: Show entries Search: Processing. Restaurant chains like P.F. His work has appeared in the Boston Globe, Open Secrets, and on NBC.com. 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. There was an error and we couldn't process your subscription. There is further data we're working on for the loans under $150k however so check back in the future for that. $150K - $350K: 2,358 Recipients. 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. Release from the U.S. Department of Treasury. The U.S. government has released a list of businesses that have received emergency pandemic loans of $150,000 or more. Get this delivered to your inbox, and more info about our products and services. It has approved 4.9 million loans for a total of more than $521 billion. 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. 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 program has about $132 billion in funding remaining. Who will win? "The CARES Act was an umbrella act that distributed tons of money. PPP Small Business Relief Will Likely Not Help All. Restaurant chains P.F. 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. 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? Search through Mississippi businesses that benefited from the Paycheck Protection Program with our database by searching below. At least eight country clubs, such as the Diamondhead Country Club and Jackson Country Club, got approved for PPP money. A searchable database of federal 2020 Paycheck Protection Program loans. This year alone, nearly a hundred thousand Mississippians received $2.3 billion in PPP loans from the CARES Act, which provided much-needed financial assistance to business owners. Democrats have sought assurances that programs established to help Main Street sufficiently reach those who most need it. The Small Business Administration released a list of the businesses borrowing between $150,000 and $10 million under the loan program after members of Congress and media organizations pressured. Narrow the list by typing in a business or city name. In addition, the data provides information regarding the sizes of participating lenders and participation by community development financial institutions, minority depository institutions, Farm Credit System institutions, fintechs and other nonbanks, and other types of lenders. More than $4 billion in PPP loans have now made its way to Mississippi after Congress approved another round of federal support this year. Internationally, South Korean airline Korean Air received a PPP loan. As was the case after the first round of the Paycheck Protection Program last summer, the state's top recipients so far include restaurants, doctors' and dentists' offices, legal practices, construction companies, car dealers, hotels and religious organizations. On average, businesses in the state received about $7,000 per employee. The loan data also include demographics of the borrowers, although most businesses left those fields blank. This work is licensed under a Creative Commons Attribution-NoDerivatives 4.0 International License. We're dedicated to keeping Mississippians informed with our thorough reporting. The US government recently added a second round of $310 billion to PPP loan program. The Archdiocese of New York got a loan valued at between $5 million and $10 million, while the Catholic Charities of the Archdioceses of San Francisco, Washington, D.C., New Orleans and Boston, among others, all received assistance valued at more than $2 million. No city is better suited to serve as a hub for innovation and growth than Gulfport, Mayor Hewes writes. All Rights Reserved. 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. The SBA's list divides the PPP loan recipients . 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 average loan size is approximately $100,000, demonstrating that the program is serving the smallest of businesses, he continued. Any amount helps us keep producing quality journalism for Mississippi. 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. of Loans Jobs Retained The loans have reached diverse communities proportionally, across all income levels and demographics. 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. The U.S. government has released a list of businesses that have received emergency pandemic loans of $150,000 or more. Based on data from National Weather Service and OpenWeather. - the ability to be paid for posting 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. Grace Pateras and Joe Harrington contributed to this story. Todays data shows that small businesses of all types and across all industries benefited from this unprecedented program. There is not an exact figure because many of these loans are disclosed in ranges. 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. In Mississippi, nearly all 96% of loans were directed towards payrolls. If you do not have an existing account, you can also easily register or login with an existing Google, Facebook or Apple account. A spokesperson for the Agriculture Department said Perdue Inc., a trucking service, said the loan was for about $182,000 and supported 27 jobs. In Mississippi, nearly all 96% of loans were directed towards payrolls. by Alex Rozier, Mississippi Today April 30, 2021, This and is republished here under a Creative Commons license.