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Friday, November 22, 2024

HHS provides $6 million to businesses in Booneville under CARES Act

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Through the fourth quarter of 2020, businesses in Booneville received $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 Mississippi received $1.1 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 State of Missisippi with a total of $57.6 million. The average loan size in the city was $231,890 while the state's average loan amount was $352,837.

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
1Baptist Memorial Hospital-Booneville, Inc.$4,285,260
2The Landmark Nursing Center, Inc.$523,145
3CLC of Booneville, LLC$497,335
4Booneville Community Pharmacy of MS, Inc.$139,441
5Magnolia Cardiology Associates$86,612
6Thomas Putnam$75,000
7Northeast MS Internal Medicine, PC$72,172
8North Mississippi Pulmonology Clinic, Inc.$70,995
9Downs Family Dentistry, PC$64,416
10Magnolia Specialty Clinic$55,197
11Booneville General Dentistry$25,311
12Catherine Johnson Mincy, PA, D.D.S.$21,430
13Booneville Internal Medicine, PC$21,282
14Junearick Family Medical & Transportation$11,960
15Clifton Cartwright$11,244
16Faith Family Clinic of Booneville$10,071
17Hill Family Eye Center, Inc.$8,558
18Church of Booneville, Inc.$8,118
19Craig W. Cleveland, P. A., O.D.$7,658
20Nathan W Baldwin PA, M.D.$6,698
21Wheeler Clinic, Inc.$5,915
22Family Med 101, Inc.$5,809
23Medplus Urgent Clinic, LLC$5,707
24Family First Medical Clinic, LLC$5,555
25Smith Drug & Home Medical, Inc.$3,224
26Booneville Chiropractic Clinic, P. A.$1,034

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