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Wednesday, October 2, 2024

HHS provides $781,520 to businesses in Stuttgart under CARES Act

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Through the fourth quarter of 2020, businesses in Stuttgart received $781,520 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 $41,133 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
1Crestpark Stuttgart, LLC$563,288
2Stuttgart Dialysis, LLC$84,163
3Stuttgart Medical Clinic, Ltd.$30,000
4Don Lum, P. A., M.D.$18,039
5Buerkle Street Emergency Physicians, LLC$17,691
6Michael Collins$15,256
7James L. Fish, D.D.S.$11,960
8The Dental Clinic at Stuttgart$9,394
9William a Fielder PA, OD$8,021
10Grand Prairie Physical Therapy of Stuttgart, Inc.$6,596
11Grand Prairie Medical Group, PLLC$3,430
12Bethea Brothers Drug Company, Inc.$3,338
13George M Dunn JR PA, OD$3,216
14Coastal Laboratory of Arkansas$2,789
15Dr. Randy L. Cress Pa$1,888
16Dr. Lindsay Audirsch E.P.A.$1,250
17Frederick Hanson$540
18Buerkle Drug Management, LLC$503
19Professional Pharmacy$158

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