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Monday, November 25, 2024

HHS provides $871,646 to businesses in Sayre under CARES Act

Genbusiness007

Through the fourth quarter of 2020, businesses in Sayre received $871,646 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 $87,165 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
1Hensley Nursing & Rehab, LLC$365,900
2PLS Scientific, LLC$282,676
3Acellerated Interventional Orthopedics$116,533
4Lifespring Home Care of Sayre, LLC$56,590
5Graham Family Medicine, PLLC$20,633
6Sayre Health Care, Inc.$17,718
7David EPP PC, OD$6,882
8K E Whinery PC, M.D.$2,148
9Proximity Health Care, LLC$1,714
10Contemporary Healthcare Services, Aprn-Cnp, PLLC$852

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