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SW Arkansas Times

Wednesday, October 2, 2024

HHS provides $921,727 to businesses in De Queen under CARES Act

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Through the fourth quarter of 2020, businesses in De Queen received $921,727 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 $83,793 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
1Bear Creek Healthcare, LLC$759,572
2Randy D Walker PLLC, M.D.$68,593
3DE Queen Health and Wellness Pharmacy, LLC$39,622
4Lofton Family Clinic PA, M.D.$23,626
5Oge Family Medical Clinic, PLLC$13,379
6DE Queen Medical Center, Inc.$9,608
7Mark Stewart, D.M.D.$5,216
8Richard Wolfe$827
9American Cardiology, LLC$713
10Daryl Mitchell$549
11Dermatology Associates, LLP$22

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