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Friday, November 22, 2024

HHS provides $3.1 million to businesses in Antlers under CARES Act

Genbusiness010

Through the fourth quarter of 2020, businesses in Antlers received $3.1 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 Oklahoma received $1.2 billion 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 Ou Medicine, Inc. with a total of $74.1 million. The average loan size in the city was $256,990 while the state's average loan amount was $249,963.

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
1Pushmataha County Hospital Authority$2,594,355
2Mays Plus, Inc.$142,163
3Mays Hospice Care, Inc.$106,136
4Quest Mhsa, LLC$62,123
5Antlers Family Dentist, PC$43,026
6Advanced Dermatology, Inc.$40,924
7Crossroads 1010, LLC$27,214
8City of Antlers$24,453
9Hometown Quality Care, Inc.$17,642
10Timber Lodge Dentistry, PLLC$13,864
11Restore Family Medical Clinic$11,330
12Don Ritter$652

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