Name: Thomas J. Henry law firm, Bill Miller among San Antonio companies that received millions in PPP loans
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Thomas J. Henry law firm, Bill Miller among San Antonio companies that received millions in PPP loans

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This is a carousel. Use Next and Previous buttons to navigateCorrection: This story has been changed to correct the number of San Antonio companies that received Paycheck Protection Program loans.More than two dozen San Antonio-area companies, including the Thomas J. Henry law firm and Bill Miller Bar-B-Q Enterprises, received loans of at least $5 million under the Small Business Administration’s Paycheck Protection Program.Other local recipients of loans from $5 million to $10 million included Our Lady of the Lake University, Joeris General Contractors Ltd., Lewis Energy Group and South Texas Oncology &amp; Hematology.The SBA on Monday released the names of many of the companies that received PPP loans. Businesses that received a loan below $150,000 were not identified.On ExpressNews.com:More than 19,600 San Antonio companies and nonprofits received a PPP loan.The PPP loan program was set up as a lifeline to help small businesses during the coronavrius pandemic. It was designed to allow businesses hire back employees as states lifted stay-at-home orders.Besides payroll, business owners can use a portion of the loan for rent, utilities and other expenses. The loans can be forgiven if certain requirements are met.The program initially was funded with $349 billion, but when that ran out in mid-April, lawmakers replenished it with $310 billion.The program was set to expire June 30, but with more than $130 billion still remaining, President Donald Trump extended it until Aug. 8.The PPP loan program has supported more than 51 million jobs and 80 percent of small-business employees, Treasury Secretary Steven T. Mnuchin said in a statement. The average loan size is about $100,000, he added.The program initially came under sharp criticism from small-business owners after it was revealed that large public companies received loans. The backlash led many of the companies to return the loans. Among them were Taco Cabana parent Fiesta Restaurant Group Inc., Ruth’s Chris House and Shake Shack.On ExpressNews.com:Borrowers were then required to certify in good faith that their PPP loan requests were necessary. The program is part of the Coronavirus Aid, Relief and Economic Security Act.The recipients identified Monday were grouped by loan amount ranges, with $5 million to $10 million the top range. Other ranges were $150,000 to $350,000; $350,000 to $1 million; $1 million to $2 million; and $2 million to $5 million.Thomas J. Henry Law PLLC received a loan from Frost Bank on April 9. The SBA’s data shows that the firm retained 487 jobs as result of the loan. A firm spokeswoman didn’t immediately respond to a request for comment.A breakdown of key state and local races and candidates in the May 24 primary runoff.Bill Miller Bar-B-Q received its loan from San Antonio’s Jefferson Bank April 6. The San Antonio-based barbecue chain didn’t immediately respond to an inquiry.Bill Miller, which operates 76 restaurants in Texas, it would temporarily close its dining rooms and cease walk-up service due to the spread of COVID-19. It’s providing drive-thru, curbside and delivery service.San Antonio-based MUY Brands and four connected entities with the same address collectively received between $18 million and $36 million from different banks.The website for MUY Cos. describes MUY Brands as “an independently owned and operated franchisee” of fast-food restaurants, including Wendy’s, Taco Bell and Pizza Hut locations. MUY Brands did not immediately respond to messages left at its office.Texas Inc.: Get the best of business news sent directly to your inboxOther local companies that received loans in the $5 million to $10 million range included: Stagg Restaurants, an operator of 35 McDonald’s restaurants; research and consulting firm Frost &amp; Sullivan; pharmaceutical company Mission Pharmacal Co.; and Buffets LLC, a Hollywood Park-based owner of all-you-can-eat buffet restaurants that filed for bankruptcy protection in 2016.More than 110 San Antonio entities received PPP loans in the $2 million to $5 million range. They include: Ancira-Winton Chevrolet; Beldon Roofing &amp; Remodeling Co.; Haven for Hope of Bexar County; San Antonio Food Bank; the San Antonio Zoological Society; the Langley &amp; Banack law firm; Sushi Zushi of Texas; and Texas Biomedical Research Institute.Almost 230 San Antonio entities received a loan of $1 million to $2 million, 896 received a loan of $350,000 to $1 million; 1,626 received a loan in the range of $150,000 to $350,000; and 924 received a loan under $150,000.Madison Iszler covers retail, technology and tourism in the San Antonio and Bexar County area. To read more from Madison, . | Twitter:A breakdown of key state and local races and candidates in the May 24 primary runoff.

This is a carousel. Use Next and Previous buttons to navigateCorrection: This story has been changed to correct the number of San Antonio companies that received Paycheck Protection Program loans.More than two dozen San Antonio-area companies, including the Thomas J. Henry law firm and Bill Miller Bar-B-Q Enterprises, received loans of at least $5 million under the Small Business Administration’s Paycheck Protection Program.Other local recipients of loans from $5 million to $10 million included Our Lady of the Lake University, Joeris General Contractors Ltd., Lewis Energy Group and South...

Thomas J. Henry law firm, Bill Miller among San Antonio companies that received millions in PPP loans

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