HHS provides $5.5 million to businesses in Prague under CARES Act

HHS provides .5 million to businesses in Prague under CARES Act
0Comments

Through the fourth quarter of 2020, businesses in Prague received $5.5 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 $914,925 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
Rank Business Dollar Amount Received
1 Cah Acquisition Company 7, LLC $3,157,217
2 OHH Physicians, LLC $1,957,727
3 Parkland Manor Living Center, LLC $368,100
4 Roger L Radell O D Incorporated, P C $5,212
5 Sheffields Prague Pharmacy, LLC $1,141
6 Prague Grocery, LLC $152


Related

Lindsay S. See, Commissioner of Federal Energy Regulatory Commission (FERC)

Cheapest diesel gas in Okfuskee County reach $4.49 in week ending May 30

The lowest price of diesel gas in cities throughout Okfuskee County was found at a single gas station in the week ending May 30, according to customer reports submitted to GasBuddy.

Judy W. Chang, Commissioner of Federal Energy Regulatory Commission (FERC)

Cheapest premium gas in cities across Okfuskee County in week ending May 30

The lowest price of premium gas in cities throughout Okfuskee County was found at a single gas station in the week ending May 30, according to customer reports submitted to GasBuddy.

Judy W. Chang, Commissioner of Federal Energy Regulatory Commission (FERC)

Where could drivers find the cheapest gas in cities within Seminole County in week ending May 30?

Drivers in Seminole County reported a weekly low of $3.65 per gallon for regular gas in the week ending May 30.