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Sunday, September 22, 2024

HHS provides $883,574 to businesses in Coweta under CARES Act

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Through the fourth quarter of 2020, businesses in Coweta received $883,574 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 $67,967 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
1Chre, LLC$570,890
2Coweta Medical Group$217,792
3Berry E Winn PLLC, M.D.$30,674
4Walls Family Dentistry, Inc.$19,444
5City of Coweta$16,773
6Coweta Family Dental$12,536
7Mark a. Harwood PLLC, D.D.S.$8,543
8Louis King$2,369
9MTF Counseling Resources, LLC$1,564
10Advanced Chiropractic & Health, Inc.$1,507
11LK Goodson, Inc.$699
12Sabra J Morrow DC, Inc.$604
13Louis L King, OD$179

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