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East Little Rock Times

Friday, November 22, 2024

HHS provides $2.8 million to businesses in Cabot under CARES Act

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Through the fourth quarter of 2020, businesses in Cabot received $2.8 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 $74,660 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
1SCNC, Inc.$790,472
2Greystone Nursing and Rehab, LLC$611,869
3Cabot Health and Rehab, LLC$532,949
4Gastro Clinics of Arkansas, PLLC$178,774
5Hertzog Family Eye Care$153,861
6Eldercare of Arkansas V, Inc.$93,040
7Patrick and Ashley Fields Family Dentistry, PA$50,340
8Samuel F. Jirik PA, D.D.S.$40,888
9Allen Riddick Williams PLLC, D.D.S.$40,569
10Sharp Family Dentistry, PLLC$40,176
11Orthopedic Rehabilitation Specialty Centers$37,682
12Scott T Hill Family Dentistry, D.D.S.$27,337
13Matthew E. Moudy, PA, D.D.S.$22,751
14Siegfried, LLC$20,937
15Cabot Family Eye Care, Inc.$19,713
16Cabot Physical Therapy$16,477
17W Brent Larsen PA, D.D.S.$11,589
18Cabot School District #4$9,964
19Caesar S. Divino PA, D.P.M.$9,557
20Jerry L Harvey, PA, D.O.$9,150
21Turner Eye Clinic$8,704
22Next Generation Physical Therapy$6,708
23Melanie Sterling$4,932
24Advanced Physical Therapy Cabot, LLC$4,679
25Jennifer Price$4,362
26Randy Pastor$2,924
27Global Eye Care$1,984
28Michael Hodnett$1,927
29David Glover$1,731
30Mark Smith$1,628
31Timothy Bryant$1,155
32Every Spine Chiropractic$895
33Clifford Turner$889
34Cabot Chiropractic Clinic$759
35Growing Hope Counseling, PLLC$589
36Carmacare, Inc.$337
37Excel Health of Cabot, LLC$139

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