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Wednesday, October 2, 2024

HHS provides $12 million to businesses in Monticello under CARES Act

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Through the fourth quarter of 2020, businesses in Monticello received $12 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 $400,936 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
1Drew Memorial Hospital, Inc.$9,701,188
2Monticello Progressive Eldercare Services, Inc.$647,989
3Progressive Eldercare Services Drew, Inc.$525,564
4Arkansas Cancer Clinic, PA$339,754
5Advantages of Southeast Arkansas, Inc.$187,704
6Monticello Medical Clinic$108,120
7Delta Counseling Associates, Inc.$107,979
8Monticello Drug Company$54,525
9South Arkansas Rehabilitation, Inc.$44,814
10Grand Manor, LLC$43,349
11Southeast Emergency Medical Service, Inc.$40,144
12Seark Eyecare, LLC$35,315
13Reinhart Family Healthcare, PLLC$33,193
14Monticello Ambulance Service, Inc.$30,188
15Monticello Dental Center$23,344
16Monticello ESS, LLC$22,108
17Comprehensive Pain Care PA$21,028
18Connelley Family Medical, PLLC$18,564
19Collins Chiropractic Center, LLC$10,098
20P & M Quality Medical, LLC$8,301
21DR. Ricky Ferguson Vision Center PA$5,921
22Drew Surgical Services, LLC$4,273
23Southeast Arkansas Education$2,525
24Drew Professional Services, LLC$2,481
25Southeast Arkansas Pharmacies, LLC$2,284
26Drew Central School District$2,253
27Monticello School District$2,125
28Searks Heart, Inc.$1,506
29Mark Bryant$1,176
30Eubanks Chiropractic, LLC$271

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