It also includes state-by-state data for smaller loans, although in those cases, business names and addresses are not included for privacy reasons. July 8, 2020. Summary of PPP Loans in Benton Harbor, MI A total of 275 loans were distributed to Benton Harbor, MI leading to a reported 3,849 jobs being retained. The largest of the loans range between $5-10 million; 185 Michigan companies received loans in that range. Step 3: Calculate average monthly payroll costs (divide the amount from Step 2 by 12). Name Current Loan Amount ($) Date Approved; HERITAGE CHRISTIAN SERVICES INC. 10,000,000: April 15, 2021: EMPLOYEE RELATIONS ASSOCIATES INC. 10,000,000: April 13, 2020 Launched to provide relief for small businesses that have been negatively impacted by the COVID-19 crisis, the program supports small businesses facing drastic reductions in cash flow and the continued support of their workforce. Laura Seitz, Deseret News. Thanks to the paycheck protection loan, First Baptist Church avoided laying off any of its 40 employees. There is further data we’re working on for the loans under $150k however so check back in the future for that. The shopping list for your own home quarantine kit. Which Florida businesses that applied for and received a loan as part of … 9 of 9 Buy Photo. County No. Find out what's happening in Detroit with free, real-time updates from Patch. Michigan Education Special Services Association (275) AOA Management Company LTD Partnership (225) CentralStar Cooperative, Inc. (371) Manpower of Lansing, Michigan, Inc. (500) A total of 2,879 Michigan small businesses have been awarded a total of $20 million in grants and loans through the Michigan Small Business Relief Program. US Treasury Warns PPP Loan Recipients Must Lack Liquidity to Receive Loans. The case was brought in Detroit, Michigan. Indiana PPP loan recipients: See the full searchable list of who received them. You can check out all the PPP … Nearly 75 Greater Lansing businesses received loans between $1 million and … Many of those recipients are self-employed, or run smaller operations. manpower of lansing michigan inc: 9,045,000: april 15, 2020: michigan education … Indiana businesses that applied for and received a loan as part of a national effort to … Loans Approved. technology that keeps you moving® ppp recipients list by state. The United Way of Southeastern Michigan and the Michigan Humane Society each received PPP loans ranging from $2 million to $5 million, according to the government database. The loans are forgivable... Coronavirus Stimulus List Of Ppp Small Business Loan Recipients Released from image.cnbcfm.com Borrowers may be eligible for ppp loan forgiveness. Wyoming Valley West offering Pfizer vaccine to students 16 a… Wyoming Valley West School District is offering the Pfizer C… More than 500 Luzerne County businesses and non-profits received loans under the Paycheck Protection Program, according to data gathered by the Associated Press. The Rev. All Other Miscellaneous Store Retailers (except Tobacco Stores) (Limited Liability Company (LLC)) Fifth Third Bank. The mission of the PPP was to help small businesses keep the lights on and their workers employed. First defense against coronavirus: 20 seconds of proper hand-washing. Let's go! The list above is sorted by locality and alphabetized by company name within each locality. After a strong first quarter driven by robust demand and margin recovery, JPMorgan lifted its 2021 earnings per share view for S&P 500 companies to … The Rev. California, New York and Texas saw some of the most PPP loan activity. This outcome effectively creates two layers of tax benefits for PPP loan recipients, says Roshani Pandey, financial advisor and founder of True Root Financial in San Francisco. Mon, Jul 6 … CNBC’s Kate Rogers reports on the latest numbers behind the Paycheck Protection Program. Use this.. • Business • One News Page: Tuesday, 7 July 2020 michigan center: 7: middleton: 5: middleville: 12: midland: 115: milan: 14: mildford: 1: … The $659 billion PPP is implemented by the Small Business Administration (SBA) and supported by the Treasury Department. Search Paycheck Protection Program Loan (PPP Loan) data with amount, business name, address, business type and Lender information by State / Location. The top ZIP code to receive approval for PPP loan money is 75034, which received 1,871 approvals. The … In Michigan, 133,487 small businesses received PPP loans for nearly $15.7 billion through May 30. In Illinois 27,412 recipients received loans of $150,000 or more. The top five franchises—Subway, IHOP, Holiday Inn Express, Best Western, and Denny’s account for 15% of the total funding given to franchises in round two. The list of names is accessible via the SBA Paycheck Protection Program Loan Level Data webpage. There are some outlandish rumors out there. In round two alone, franchisees scored almost $3 billion in PPP loans. Posted on 1 second ago. A searchable database of federal 2020 Paycheck Protection Program loans. A spokesperson for the … 95% of people don't wash their hands correctly. Business Name. Your questions, answered by a doctor: What are the symptoms? “Office desk table with notebook, calculator and PPP Loan text,” Marco Verch. The government’s massive trove of national numbers covered 4.9 million PPP loans made to businesses and nonprofits. Recipients affiliated with a franchise are also identified in the SBA’s newest release. Two nonprofit organizations made the Top 12 for Livingston County: Work Skills Corp., which received between $2 million and $5 million, saving 492 jobs; and 242 Church, which received between $1 million and $2 million, saving 81 jobs. Step 2: Subtract any compensation paid to an employee in excess of an annual salary of $100,000 and/or any amounts paid to an independent contractor or sole proprietor in excess of $100,000 per year. 95% of people don't wash their hands correctly. Price, who applied for and received between $150,000 and $200,000 in small-business stimulus funds for his church, said the program accomplished its goal, at least in his case. The number of jobs saved was not listed in the data. The privately owned company lists on LinkedIn its number of employees as between 1,001 and 5,000. THE LAZY LLAMA LLC. michigan ppp recipients; 7 ways to instantly improve your work from home during the Quarantine; Latest space-saving modern furniture designs; Top 5 home office trending ideas to make the ideal home workstation; 5 tips to add elegance and classical aesthetics to your living room; Archives. However, after the Small Business Administration released information on the companies who received loans- some as high as 10 million- doubt was cast. Michigan has a total of 303,631 businesses that received Paycheck Protection Program (PPP) loans from the Small Business Administration. In Michigan, 185 companies received loans in that range. A publicly available list of all recipients of the PPP should be posted on the SBA’s website. Mon, Jul 6 … PPP loans under the CARES Act aided 5 million small businesses, but there is fraud. ... 150 N. Michigan … UPPER THUMB — Last week, the Small Business Administration revealed which businesses across the country have received Paycheck Protection Program … Michigan. 4,733,661: $240,161,960,611. The Trump administration on Monday released a list of the companies that … A spokesperson for the … The Michigan Paycheck Protection Program (MiPPP) provides small businesses in Michigan COVID-19 relief, giving funds to pay up to 8 weeks of payroll costs including benefits. 7,515.00. When the … Several local real estate companies received PPP loans, with the biggest recipient being Inland Group, an Oak Brook-based real estate conglomerate. There are some outlandish rumors out there. Brandon Lewis was charged with two counts of wire fraud and one count of making false statements. 00:54. First defense against coronavirus: 20 seconds of proper hand-washing. On April 23, 2020, the United States Treasury Department released guidance on the Paycheck Protection Program (PPP) regarding the “eligibility of large companies with adequate sources of liquidity to support the business’ ongoing operations” for 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 … Other changes the legislation would make to the PPP are an extension from two to five years to repay loans at an annual interest rate of 1 percent.
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