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Monday, November 25, 2024

HHS provides $4.6 million to businesses in Weatherford under CARES Act

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Through the fourth quarter of 2020, businesses in Weatherford received $4.6 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 $232,242 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
1Weatherford Hospital Authority$3,822,082
2Corn Heritage Village of Weatherford, Inc.$482,061
3Jonathan Ray Long LLC, M.D.$67,295
4Villines Dental Care, P.C.$50,873
5Angelica, Inc.$42,039
6Western Oklahoma Urology, PLLC$41,389
7Therawest, LLC$30,578
8Blake a Badgett, P. C., M.D.$22,123
9Brian L Stephens PLLC, D.D.S.$21,454
10Hanson Anesthesia Services, PLLC$12,844
11John Huser$12,766
12Marshall Huser Family Medicine, PLLC$9,598
13Bluth Family Medicine, LLC$8,922
14Paul C. Tisdal, P. C., O.D.$8,567
15Regeneration Physical Therapy of Weatherford, PLLC$6,159
16Myra Joy Frantz, P. C., O.D.$2,803
17Chiropractic Physicians Clinic$2,496
18Weatherford Pharmacy, Inc.$409
19Weatherford RX, Inc.$223
20Western Oklahoma Hearing$163

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