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North Central Arkansas News

Wednesday, October 2, 2024

HHS provides $1.1 million to businesses in Heber Springs under CARES Act

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Through the fourth quarter of 2020, businesses in Heber Springs received $1.1 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 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 $51,649 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
1Somerset Senior Living at Seven Springs$730,615
2Eldercare of Arkansas IV, Inc.$54,050
3Ivy Family Pharmacy, Inc.$40,712
4Attention Diabetics, Inc.$39,651
5Joseph B. Sugg, P. A., O.D.$30,718
6Natural Springs Emergency Physicians, LLC$26,110
7Aimee Elizabeth Widner PLLC, M.D.$23,289
8Dan Lister, P. A., M.D.$17,780
9Heber Springs Clinic$17,668
10Family Medical Care, PA$15,954
11Bivins Family Medicine, PA$15,801
12Kent Krug$15,193
13Nancy F Rector PA, M.D.$14,407
14Matthews Therapy, Inc.$14,397
15Ivy Physical Therapy, Inc.$11,828
16Christopher E. & Sarah B. Tate, DC, Professional Association$4,970
17Cynthia Quinn$3,844
18Survival Flight EMS, LLC$3,524
19Harris Chiropractic & Acupuncture PA$1,889
20R2H2 Business Enterprises$1,348
21Lauren Alkire$887

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