The program is part of the Coronavirus Aid, Relief and Economic Security Act President Donald Trump signed. President Donald Trump signed the federal CARES Act into law in late March, sending states billions of dollars to help people impacted by the coronavirus. Democrats have sought assurances that programs established to help Main Street sufficiently reach those who most need it. The loan data also include demographics of the borrowers, although most businesses left those fields blank. To learn more about our cartoon syndication services. We prefer Author Name, Mississippi Today in the byline. Millsaps, Tougaloo and Rust colleges each receivedbetween $2 million and $5 million. Data released on small businesses receiving PPP loans during pandemic : NPR You can only publish select stories individually not as a collection. 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. U.S. Treasury releases listing of PPP loan recipients per state If you share our stories on social media, please tag us in your posts using. By joining our newsletter, you are confirming that you agree with the Privacy Policy, Frank Corder is a native of Pascagoula. PPP Small Business Relief Will Likely Not Help All. Read more. The Mississippi Department of Revenue is in charge of distributing $60 million to businesses that were forced to close by the governor's orders. The Roman Catholic dioceses in California, New York, Nevada, Tennessee and Kentucky also received 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. 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. Help keep the momentum going by rejoining our member community today. Treasury Secretary Steven Mnuchin sparked an outcry from Democratswhenheoriginallyimplied that theTrump administration would not disclose the names of participants. LEARN MORE ABOUT WHO QUALIFIES BY CLICKING HERE. We want to hear from you. And what do kangaroos have to do with it? Updated List of PPP and EIDL Loan Fraud Criminal Cases You can review the data set released by Treasury and SBAto learn more about Mississippi PPP recipients. Staffing companies, pipeline and electric utilities maintenance companies, heavy machinery and tire dealers, and restaurant chains all received millions. 2023 www.clarionledger.com. 45,815 Mississippi companies receive PPP loans Mississippi Paycheck Protection Program (PPP) Loans Which South Miss. businesses received PPP loans - WLOX PAW Patrol Wasn't Canceled. In fact, the franchise locations combined for each of McDonalds, Sonic, Applebees and General Motors received more in loans than any of the states non-franchise businesses.
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