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Benton Times

Wednesday, October 2, 2024

HHS provides $1.3 million to businesses in Siloam Springs under CARES Act

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Through the fourth quarter of 2020, businesses in Siloam Springs received $1.3 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 $67,270 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
1Siloam Healthcare, LLC$722,571
2Integrated Community Clinics P. A.$331,127
3Roberts-Philpott Eye Associates, PA$49,115
4Siloam Springs Clinic Company, LLC$41,014
5Stinnett & Scarbrough P. A$24,847
6Gentle Dental of Siloam Springs$23,665
7City of Siloam Springs$16,285
8John R Holcomb PA, D.D.S.$14,509
9Midamericare, PLLC$13,317
10Hoffmann Chiropractic Clinic PA$8,961
11Siloam Springs School District #21$8,324
12Siloam Springs Anesthesia Services, LLC$6,882
133D PT, Inc.$6,100
14Chandler P.A. Chiropractic$5,052
15John Allison, D.D.S.$2,876
16Chad Hill$1,279
17Steven Thompson$1,077
18Natalie Eiland$656
19Vetcentric Mental Health Services$478

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