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Mississippi businesses keep lights on thanks to PPP loans changes


Rural hospitals largest category to lean on PPP loans
Rural hospitals in particular leaned heavily on PPP loans. As a result, medical facilities were the largest category of PPP borrowers in the state. Medical businesses represented the largest percentage of Mississippi loans by amount, 14.8%. Nationwide, medical businesses received about 10% on average.
Many of them were in dire straits before the pandemic. Data from the Center for Healthcare Quality and Payment Reform lists Mississippi as having the third largest number of rural hospitals at risk of closure, 41, and it ranks the second worst in the nation in terms of average profit margins. A 2015 report by Mississippi State University listed nine Mississippi hospitals at very high risk of closure, and five rural hospitals in the state have already closed, according to data from the Chartis Center for Rural Health. ....

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Millions in federal dollars help boost Mississippi's broadband expansion


Millions in federal dollars help boost Mississippi’s broadband expansion
File image (Source: Gray Television)
By Courtney Ann Jackson | April 15, 2021 at 8:59 PM CDT - Updated April 16 at 7:27 AM
JACKSON, Miss. (WLBT) - The pandemic has put a spotlight on an issue Mississippians have faced long before coronavirus was a thought. broadband access.
But momentum has picked up as more money has flowed in.
Northern District Public Service Commissioner Brandon Presley wants Mississippi to come out of the pandemic better connected.
“We cannot as a state compete with a public policy that says if you want to get on the internet, you need to go to a fast food restaurant’s parking lot,” said Presley. “That’s not going to work. So, in the year 2021 for Mississippi to compete. we’ve got to be able to connect.” ....

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