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Friday, November 22, 2024

HHS provides $838,164 to businesses in Ozark under CARES Act

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Through the fourth quarter of 2020, businesses in Ozark received $838,164 in health-related relief from the CARES Act issued by the Department of Health and Human Services.

According to numbers reported through the fourth quarter of 2020, businesses in Arkansas received $931.5 million in health-related relief from the CARES Act issued by the Department of Health and Human Services. The largest recipient of funding in the state was Baptist Health with a total of $79.2 million. The average loan size in the city was $76,197 while the state's average loan amount was $270,064.

Of the money distributed, $30 billion went out automatically to health providers based on previous year medicare payments. If the money wasn't returned within 90 days the provider is then automatically entered into the repayment terms that are issued by HHS. With the money going out automatically and the rules constantly changing, some of the businesses that received the money weren't eligible to receive it once the final rules were sent out.

According to the Department of Health and Human Services, this information represents the list of providers that received a payment from the General Distribution, High Impact Targeted Allocation, Safety Net Hospitals, Non-Medicare, Rural Targeted Allocation and/or the Skilled Nursing Facility Targeted Allocation of the Provider Relief Fund and who have attested to receiving one or more payments and agreed to the Terms and Conditions as of July 8, 2020.

All PPP loan recipients
RankBusinessDollar Amount Received
1Ozark Nursing Home, Inc.$715,894
2Jason D Woolsey PA, D.D.S.$49,351
3Franklin County EMS$27,146
4Franklin County Learning Center$22,259
5Ozark Wellness Clinic, PLLC$6,468
6Boston Mountain Healthcare Services, Inc.$6,298
7Medi-Quik Pharmacy, Inc.$3,859
8Ozark Chiropractic Clinic$3,590
9Thompson Family Chiropractic, Inc.$1,700
10Steve a Roberts, OD$1,308
11Burns Drugstore, Inc.$291

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