Choose any state to view all publicly available information on Paycheck Protection Program loans received by companies in that state. Here’s the full list of companies that received Paycheck Protection Program loans over $150,000 Christopher Zara 7/6/2020 Judge rips Capitol rioter’s Trump defense Report Save. Got a confidential news tip? Across the United States, according to the U.S. Treasury Department, more than 650,000 companies received the Payroll Protection Program (PPP) loans. They include J. Alexander’s Holdings (market cap $74 million), which received $15 million via its subsidiary restaurants. 9 months ago. Exactly two Kushner Companies’ hotel operations affiliates received PPP loans. Paul Edward Parker . 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. This table shows the top 5 industries in Maine by number of loans awarded, with average loan amounts and number of jobs reported. 9 months ago. Everyone big. 85% Upvoted. Related: Treasury Dept. The disclosure comes amid demands from Democrats for more transparency around the Paycheck Protection Program, or PPP, funds established as part of the $2 trillion CARES Act, which President Donald Trump signed this spring. Maine has a total of 28,270 businesses that received Paycheck Protection Program (PPP) loans from the Small Business Administration. Businesses in economically distressed areas as designated by the SBA got nearly 23% of the loan money, while companies in rural areas received about 15% of the funds. report. Some of the companies that received the loans were large in another way: Their CEOs have been making millions. save. Data is a real-time snapshot *Data is delayed at least 15 minutes. 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. Below is a handy chart from Morgan Stanley analysts listing 40 public companies that have received loans ranging from $3 million to $15 million. information shows 120K MI companies received PPP loans The largest amount dispersed to companies is listed between $5-$10 million. Ruth's Hospitality Group, which owns the Ruth's Chris Steak House chain, AutoNation and ShakeShack are among those that took out PPP loans. It has approved 4.9 million loans for a total of more than $521 billion. See which Ohio businesses received coronavirus-relief loans under PPP: searchable database. About 87% of the loans were for less than $150,000, according to the SBA. report. That's more than six times the average PPP loan size of $125,000. All information displayed on this page is publicly available information under PPP loan guidelines, in compliance with 5 U.S.C. Ohio PPP Funded Companies. The list is presented in a searchable U.S. database that can be narrowed down by … Those loans represent nearly three-fourths of total loan dollars approved, but a far smaller proportion of the number of actual loans. The program's critics have expressed concern that the amount of untapped funds could show that rural or minority-owned businesses with weaker or no banking relationships have had trouble accessing relief money. See who got what. While the PPP Loans were distributed with the goal of helping small businesses during the COVID-19 crisis, many larger companies with significant resources have made headlines for participating in the program and making it more difficult for smaller businesses to obtain funds. Search a database of Wisconsin businesses that received loans through the Paycheck Protection Program, part of the federal aid in response to the coronavirus pandemic. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA. The PPP was designed to help companies with fewer than 500 workers maintain payrolls and cover certain expenses like rent for two months. Sort by. It took $5.2 million in federal funding. Notable Lansing businesses that received PPP loans. Sort by. Technology company Digimarc with $192 million market cap received $5 million in PPP loans. Oregon PPP Funded Companies. level 2. [The full list is available on the Small Business Administration website, which you can access here.]. Report Save. Shake Shack Inc.. Fiesta Restaurant Group Inc.. Quantum Corp.. Potbelly Corp.. Gulf Island Fabrication, Inc.. Broadwind Energy, Inc.. Zagg Inc.. Air T Inc.. Joseph Kushner Hebrew Academy in New Jersey, which is named after Trump's son-in-law and advisor Jared Kushner's grandfather, got a loan in the range of $1 million to $2 million. Related: Treasury Dept. A summary of key data aspects is available here. In Connecticut, nearly 8,600 businesses received loans from the federal government through a $660 billion stimulus package that helped small businesses stay afloat during the … Here’s the full list of companies that received Paycheck Protection Program loans over $150,000 Christopher Zara 7/6/2020 Labor rights activists say minimum wage proposals aren't living wages A Division of NBCUniversal. hide. Data was not released for loans under $150,000, which makes up 86 percent of those received. They — and many more companies — ultimately returned the money after public outcry. A spokesperson for the Agriculture Department said Perdue Inc., a trucking service, said the loan was for about $182,000 and supported 27 jobs. 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. In Reno the Men's Club, a strip club on Lake Street, received a loan worth between $350,000 and $1 million. Original Poster 9 months ago. 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. All rights reserved. Jared Kushner's parents' family foundation supports the school, NBC News reported. All Data. Political organizations also received loans: The Ohio Democratic Party got at least $150,000 and the Florida Democratic Party Building Fund got at least $350,000, while the Women's National Republican Club of New York got at least $350,000, the Black Republican Caucus in Florida got at least $150,000. However, the SBA released limited information about the loans. In the largest dollar amount grouping, 53 Alabama businesses received PPP loans between $5 million and $10 million. Data by State. © 2014 - 2021 FederalPay.org. The … The 25% of companies that received loans for less than $150,000 were not named in the data — but companies receiving larger loans were. While the aim of the program was to aid ailing companies with less than 500 employees, its effectiveness has remained unclear. Ohio PPP Funded Companies. The agency released the data in two pieces – one includes loans under $150,000. The list includes companies and groups approved for loans but does not specify whether they actually received the money. So did the Los Angeles Lakers. Everyone big. Original … Four state legislators have ownership stake in companies that received PPP loans, while another nine work for organizations that received loans, a Reformer analysis found. More than 40% of Black small business owners were forced to close shop as result of the pandemic. Doctor’s 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. Dallas-based … 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. All Data. However, that list accounts for less than 15% of loans made through the program. The SBA said 75% of the companies receiving loans fell into those categories. 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. Restaurant chains like P.F. The PPP was a major part of the CARES Act legislation signed this spring, intended to prop up the economy as the COVID-19 pandemic began impacting the US. And for companies that borrowed less than $150,000 through the PPP program, it doesn’t release names at all. More than $30 billion in loans were returned overall, senior administration officials who declined to be named said Monday. Usage is subject to our Terms and Privacy Policy. House Speaker Nancy Pelosi of Calif., speaks during a news conference on Capitol Hill in … The PPP was a major part of the CARES Act legislation signed this spring, intended to prop up the economy as the COVID-19 pandemic began impacting the US. To download all Paycheck Protection Program data through August 08, 2020, click here. After those funds quickly ran out, the government replenished the program with an additional $310 billion. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. This thread is archived. Rep. John Poston, R-Lake Shore, said in a statement that the loan allowed his company 3 Cheers Hospitality — which includes a catering business, three restaurants and a college food service — to save 40 jobs. 32 comments. The Ayn Rand Institute, named for the objectivist writer cited as an influence on libertarian thought, was approved for $350,000 to $ 1 million. Here’s the full list of companies that received Paycheck Protection Program loans over $150,000 The SBA released a trove of data about the Paycheck … This data doesn’t include the names or other identifying details for the businesses that accepted the loans. Rep. John Poston, R-Lake Shore, said in a statement that the loan allowed his company 3 Cheers Hospitality — which includes a catering business, three restaurants and a college food service … Veritone, a company based in … A summary of key data aspects is available here. The SBA has made the PPP available for all small businesses with under 500 employees, with some exceptions for restaurant or hospitality chains with more than 500 employees. Chang's China Bistro and Chop't received aid of between $5 million and $10 million. Transportation Secretary Elaine Chao's family's business, Foremost Maritime, got a loan valued at between $350,000 and $1 million. 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. Larger and public companies initially took advantage of loosely written language to tap the funds for themselves. Updated Aug 04, 2020; Posted Jul 07, 2020 . Entities were asked to list a number of “jobs retained” when applying for PPP money. The U.S. Treasury and the U.S. Small Business Administration has released PPP loan level data for all loans over $150,000. More than 2,600 other companies were approved for a loan … Chang's China Bistro were among the major restaurant chains that were approved for loans. Look up loans of more than $150,000 Filter by industry group In Lansing alone, 72 companies received a loan between $1 million and $10 million to pay employees laid off because of … Contact us with comments, questions or tips. Over $436 million of the over $1.3 billion received by the nearly 450 public companies that disclosed PPP loans has been returned. The list below may take a moment to load on phones. Restaurant chains P.F. Iowa has a total of 61,259 businesses that received Paycheck Protection Program (PPP) loans from the Small Business Administration. TGI Fridays and P.F. More than 1,600 businesses in the state received loans of at least $1 million. This is NOT a directory of companies that received a loan using SBA.com® loan request service. Changs, Legal Sea Foods and Silver Diner either received PPP loans or had investors connected to the company that did. In El Paso, 893 companies received loans over the $150,000 threshold. level 1. Paycheck Protection Program Loan Data. This table shows the top 5 industries in Iowa by number of loans awarded, with average loan amounts and number of jobs reported. All Rights Reserved. best. This searchable list shows information for businesses that received loans of more than $150,000, as reported by the SBA. Burger giant Shake Shack had also received the maximum $10 million, but it has returned the loan … Ruth’s Hospitality got $20 million by applying through two of its subsidiaries. It lowered the share of the loan that a company must spend on payroll and gave them a longer period of time to use the money. Theaters have been closed while new film releases have been delayed or pushed to streaming platforms. Restaurant chains like P.F. The PPP was passed by Congress at the start of the coronavirus pandemic as part of a $2 trillion coronavirus aid package. INDIANAPOLIS — Indiana companies received nearly $9.5 billion in federal loans designed to save jobs and businesses during the COVID-19 pandemic. © 2021 CNBC LLC. Together, all the public companies which have so …
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