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Thursday, October 3, 2024

HHS provides $1.7 million to businesses in Forrest City under CARES Act

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Through the fourth quarter of 2020, businesses in Forrest City received $1.7 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 $59,240 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
1Crestpark Forrest City, LLC$554,724
2Patient's Choice Hospice, LLC$174,385
3Arkansas Homecare of Forrest City, LLC$170,890
4Sudesh Banaji PLLC, M.D.$165,856
5Crittenden EMS, LLC$123,977
6Kids for the Future of Marion, Inc.$78,926
7Kids for the Future of Forrest City, Inc.$77,679
8Kids for the Future of Helena, Inc.$50,408
9Pediatric Dentistry of Eastern Arkansas, Inc.$49,024
10Kids for the Future of Parkin, Inc.$44,400
11Forrest City Clinic Company, LLC$32,892
12East Arkansas Children's Clinic$32,471
13St. Francis Community Development Corporation$28,548
14DR Kumars Medical Clinic PA$26,255
15Forrest City Physician Services, PLLC$16,074
16National Radiology Group of Arkansas, PLLC$14,251
17James T Meredith JR PA, M.D.$13,576
18Lifetime Vision Center$13,119
19Webber Medical Complex$11,350
20George Conner$10,972
21J. R. Berry, P. C., D.D.S.$7,258
22Pinnacle Health, LLC$5,987
23Henein Iskander$5,479
24Forrest City Home Medical Equipment, LLC$3,321
25Dr. Cem Sarinoglu Pa$2,100
26PHPH, LLC$1,867
27Brandy Davis P a, M.D.$1,639
28The Womens Clinic of Forrest City$408
29Forrest City Family Pharmacy, LLC$110

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