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Sunday, November 24, 2024

HHS provides $1.3 million to businesses in Mustang under CARES Act

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Through the fourth quarter of 2020, businesses in Mustang 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 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 $46,499 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
1Indian Territory Home Health & Hospice II, LLC$972,988
2Crescent Infectious Diseases, PLLC$82,793
3Jason T. Dobson, PLLC, OD$45,261
4John R Ainsworth Inc., D.D.S.$27,323
5Vital Systems of Oklahoma, Inc.$26,220
6Hamid Mahmood PC, M.D.$23,829
7Callie D. Bouziden, PLLC, D.D.S.$23,265
8Kristi Cobb Family Dentistry, D.D.S.$17,340
9Nancy a Brown, PC, D.O.$15,062
10Midtown Pulmonary and Critical Care Specialists, PLLC$13,310
11Park Place Medical$10,895
12Hometown Urgent Care$10,210
13S. Mark Vincent, P. C., D.D.S.$6,474
14Mustang Chiropractic$5,210
15Sooner Physical Therapy Limited Partnership$3,438
16B3W, LLC$3,335
17Excel Therapy Specialists--Okc, LLC$2,832
18Glenn Partin$2,672
19Mustang Family Physicians, PC$2,503
20Saif Ullah Farooq PLLC, M.D.$1,535
21Action Chiropractic, PLLC$1,379
22Warren Eye Care Center, LLC$1,307
23Mary L Bobo, Inc.$1,304
24Poage Eyecare, PC$1,123
25Glenn E. Partin PC, OD$156
26Mustang Optical, Inc.$80
27Horizons Cardiovascular Associate, PLLC$65
28Mustang Drug, LLC$59

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