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North Little Rock Times

Sunday, September 22, 2024

HHS provides $5.6 million to businesses in Morrilton under CARES Act

Genbusiness008

Through the fourth quarter of 2020, businesses in Morrilton received $5.6 million 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 $427,279 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
1St. Anthonys Hospital Association$3,932,844
2Progressive Eldercare Services Morrilton, Inc.$631,667
3Progressive Eldercare Services Conway, Inc.$488,980
4Morrilton Medical Clinic, P. A.$334,685
5Zachary Dixon Family Dental Pa$43,310
6Morrilton Respiratory Care, Inc.$34,837
7Med-Technician EMS of Conway Company, Inc.$31,656
8William L Eggart, JR PA, D.D.S.$24,769
9Charton Physical Therapy, Inc.$19,782
10Thomas York$6,171
11Adams Eye Care Clinic, P. A.$3,888
12C&W Pharmacy, Inc.$1,407
13Ken Sowers$630

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