ppp payout list
Peter Miller $425,000 $6,134,655, 11. Will I Get Monthly Payments? Finding a Lender . Hopefully, this information will help prop up the bottom line for a lot of small businesses. Mark Casse $296,571 $11,396,030, 7. Locally, trainers who stabled horses at Monmouth Park sought relief, including Jerry Hollendorfer ($353,142), Michael Stidham ($301,519), Kent Sweezey ($114,200), Jane Cibelli ($93,051), Ben Perkins ($40,000), Pat McBurney ($26,455) and Wayne Potts ($20,832). There's another way that loan forgiveness can be limited – by a reduction in paid salaries or wages of more than 25%. Bob Baffert, the sport’s most identifiable figure, won 2020 Kentucky Derby with Authentic, who bankrolled nearly $6 million for winning in the Derby and Breeders’ Cup Classic. Funded Companies PPP Loan Data. The Paycheck Protection Program (PPP) is also back with a second draw PPP loan for small businesses impacted by COVID-19, or a first time PPP loan for those who missed out in 2020. Here are 8 important tips and warnings on PPP loan forgiveness gleaned from the application and new SBA guidance. Jamie Ness $157,933 $5,244,920, 17. Kentucky Derby 2021: Post positions, info, analysis as Essential Quality heads field. Steve Asmussen $1,088,000 $19,969,514, 2. April 27, 2021 at 8:18 am CDT. The New York Racing Association, which operates Belmont Park, Aqueduct and Saratoga, and was shut down from March 15 to June 1, got a $10 million loan, listing 453 jobs impacted. Under this exemption, the FTE reduction is eliminated if a business can document, in good faith: Finally, small businesses will not see a reduction in the loan amount forgiven if workers turn down their old jobs. To qualify for this exemption, the borrower must "have made a good faith, written offer of rehire, and the employee's rejection of that offer must be documented by the borrower." Since this is an important omission, the SBA has determined that an FTE employee is an employee who works 40 hours or more, on average, each week. ... Mr Santamaria has international experience in the delivery of construction, services and PPP projects and has been responsible for projects and businesses in Australia, Europe, North America, Latin America and South Africa. After a tough winter, two sisters look forward to reviving their restaurant’s business. This is not meant to be a complete list. The government on Monday identified about 650,000 mostly small businesses and nonprofits that received taxpayer money through a … For example, if an employee was paid for 30 hours per week on average during the 24-week period, the employee would be an FTE employee of 0.75. Payout Ratio-- DRP: No DRP Features-- Directors & Management. Small-business owners have until August 8, 2020, to apply for PPP loans and until December 31, 2020, to use the funds. 2021 season: 53-day meet planned at Monmouth Park with $6.15 million in stakes purses. Your business has survived the pandemic, but it’s taken a toll. Doug O’Neill $366,947 $4,422,371, 22. A: Yes, once the PPP Loan is fully disbursed, the PPP Loan may be sold on the secondary market at par, premium or discount. To have their PPP loans forgiven, small-business owners must first submit an 11-page application to the bank or lender that approved their initial loan request. Among other tracks that got relief were Del Mar ($2.814 million), Emerald Downs ($2.133 million), Tampa Bay Down ($1.68 million), Kentucky Downs ($1.68 million) and Turf Paradise ($1.477 million). A year after the COVID-19 pandemic jumbled the Triple Crown calendar, the sport will once again bask in the national spotlight on the first Saturday in May with the 147th running of the Kentucky Derby. Tom Amoss $366,047 $4,812,411, 21. PPP Loan Recipient List By State — Minnesota. Richard Baltas $314,272 $5,157,398, 19. The PPP was created by the CARES Act and originally included $349 billion in funding. However, payroll costs incurred, but not paid, during the borrower's last pay period of the 24-week period are eligible for forgiveness only if they're paid on or before the next regular pay period. Banks are listed by the city they are physically located in. ... Potter’s Payroll Payout. Listen for your chance to win $1,000! Baffert will look to win his record seventh Kentucky Derby with Medina Spirit, owned by Saudi Arabian businessman and philanthropist Amr Zedan. And it wasn’t just trainer and racetracks using the PPP program. The best place to start will be a bank you’ve used already. The IRS will start issuing automatic refunds sometime in May to people eligible for the unemployment benefit tax exemption. List: Framingham Businesses That Got Coronavirus Relief Loans - Framingham, MA - From churches to big car dealerships, dozens of Framingham companies got PPP … April 27, 2021. Eligible non-payroll costs must be paid or incurred during the 24-week coverage period. March SNAP Food Stamps Benefits Extension March 2021. Cox received a $550,000 loan. These payments constitute a supplement to salary or wages and, therefore, are a similar form of compensation. PPP Loan Recipient List By State — Ohio. Steve Asmussen $1,088,000 $19,969,514 Under the CARES Act (as modified by the Paycheck Protection Program Flexibility Act (PPPFA) in June), the PPP lets small businesses borrow up $10 million without collateral, personal guarantees, or fees. Wesley Ward $70,722 $6,106,095, 12. Maryland pastor charged, accused of spending PPP on Tesla, property. PPP loans may be … That money was gone within two weeks, resulting in a second round of … You’re entitled to a PTO payout (in conjunction with your final paycheck) if you’re among the 24 states that stipulate this in their labor laws. The biggest loan went to Chad Brown, with the trainer of Highly Motivated getting $1.767 million. And Other FAQs, 10 Dividend Growth Stocks You Can Count On, The Kiplinger Washington Editors, Inc., is part of the Dennis Publishing Ltd. Group.All Contents © 2021, The Kiplinger Washington Editors. A history of aggressive payout expansion, and the ability to generate enough cash to keep …, Definition of Full-Time Equivalent (FTE) Employee, Exceptions to the FTE Employee Reduction Rule, Exception to Salary or Wage Reduction Rule, COVID-19-Weary Business Owners Can Win by Adopting the Right Mindset for a Sale, PPP Loan Basics for Small Business Owners, Subscribe to Kiplinger's Personal Finance, Answers to PPP Loan FAQs (Now That There's Fresh Funding for the Loans), The Stunning IRS Ruling That May Bankrupt Small Businesses That Took PPP Loans, 5 HEROES Act Provisions with a Good Chance of Becoming Law, The Coronavirus at Work: Your Legal Questions Answered, The Employee Retention Tax Credit Helps Keep Workers Working, To Succeed, Small-Business Owners Need to Put Their Own Finances First, 10 States Most Unprepared for This Deep Recession, 12 Ways COVID-19 Will Change the Tech Industry, An inability to either rehire former employees or hire similarly qualified employees for unfilled positions by December 31, 2020; or. Bob Baffert $556,187 $19,140,487, 3. Food Stamps Pandemic EBT 2 (P-EBT 2.0). 258,474 TOTAL PPP LOANS $25.3B TOTAL LOAN AMOUNT $97,806 AVERAGE PPP LOAN 11 AVG COMPANY SIZE Ohio has a total of 258,474 businesses that received Paycheck Protection Program (PPP) loans from the Small Business Administration. Some of the states included in this list are Arizona, California, Illinois, New York, and Wyoming. Search a list of all Pennsylvania businesses and organizations that received more than $150,000 in loans from the Paycheck Protection Program … PPP forgiveness for self-employed individuals. Borrowers can select only one of these two methods and must apply it consistently to all their part-time employees. The New Jersey Thoroughbred Horsemen’s Association, which leases Monmouth Park, got a $16,100 loan. Borrowers are eligible for forgiveness of payroll costs paid and incurred during the 24-week covered period (or the alternative covered period). Pletcher secured the second-largest payout among trainers nationally at $1.294 million. Second Stimulus Check update, stimulus package update, and stimulus check 2 update California […] March 2021 SNAP Food Stamps Max Benefits & P-EBT Update: SNAP March EBT Food Stamps & Payout Dates. John Sadler $449,237 $4,108920, Authentic holds on by a nose over NY Traffic to win the 2020 Haskell at Monmouth Park, Jersey Shore owners of Hidden Stash look to make history, 53-day meet planned at Monmouth Park with $6.15 million in stakes purses, Post positions, info, analysis as Essential Quality heads field, 50 New Jersey sports businesses that got $19 million in PPP money, Your California Privacy Rights/Privacy Policy. Several jockeys are listed as having received loans as well, including Kendrick Carmouche ($20,800) and Drayden Van Dyke ($20,833). To help you fight identity theft, consider adding a VPN. Pletcher secured the second-largest payout among trainers nationally at $1.294 million. 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