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Friday, November 1, 2024

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

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Through the fourth quarter of 2020, businesses in Monett 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 Missouri received $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 Childrens Mercy Hospital with a total of $64.5 million. The average loan size in the city was $95,379 while the state's average loan amount was $323,845.

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
1SRZ Op Bentonview, LLC$562,428
2Lacoba Homes, Inc.$516,731
3Old Town Pharmacy, LLC$111,730
4Huntress Visionhealth Associates, LLC$47,447
5Nestleroad and Roberts, Optometrists$36,494
6Old Town Pharmacy Number 2, LLC$26,567
7Barry Lawrence County Ambulance District$26,439
8Lowry & Associates, LLC$3,264
9Bruners Monett Pharmacy, Inc.$1,476
10Old Town Medical Equipment, LLC$1,129
11Grace Health Center$581
12Jeff Carr$483
13Family Care Chiropractic, LLC$421
14Ronald Netzer$111

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