Find out which hospitals, healthcare systems and medical practices have received PPP loans

The Treasury Department and the Small Business Administration released data for the PPP loan on Monday.

The Treasury and Small Business Administration (SBA) Department on Monday released data relating to loans administered through the Paycheck Protection Program (PPP).

Established by the $ 2.2 trillion Coronavirus Aid, Relief and Economic Security (CARES) Act, PPP loans are “Designed to provide a direct incentive for small businesses to keep their workers on the payroll.” Additionally, the SBA says it will cancel the loans “if all employee retention criteria are met and funds are used for qualifying expenses.”

The small business loan program was rolled out to great demand, but quickly ran out of funding in mid-April until President Donald Trump signed $ 484 billion interim stimulus package on April 24 which included $ 310 billion for the program. From Monday morning, the PPP resumed accepting applications, with a new deadline set for August 8.

Supplier organizations have considered their options for financially solvent during the 2019 coronavirus disease (COVID-19) outbreak and some had sought clarification from the SBA as to whether they were eligible to apply for a loan under the program. In early May, the agency said that nonprofit hospitals met the definition in Section 115 of the Federal Tax Code of a “nonprofit organization” under Section 1102 of the CARES Act. .

Related: SBA Confirms Paycheck Protection Loan Eligibility for Nonprofit Hospitals

In addition, in early May, the Health Resources & Services Administration released a list of provider organizations that have received payments from the Provider Relief Fund established by the CARES Act.

Related: Find Out Which Providers Got The Most Payments From The CARES Act Relief Fund

Below is a list of some of the hospitals, healthcare systems, and medical practices that have received PPP loans over $ 150,000:

Between 5 and 10 million dollars:

  • North Philadelphia Health Systems, based in Philadelphia
  • Three Rivers Health Systems Inc., based in Three Rivers, Michigan
  • Kona Community Hospital, based in Kealakekua, Hawaii
  • Abbeville General Hospital, based in Abbeville, Louisiana
  • Anaconda Community Hospital, based in Anaconda, Montana
  • Alliance Medical Group, based in Garden City, Idaho
  • Grays Harbor Community Hospital, based in Aberdeen, Washington
  • Aitkin Community Hospital Inc., based in Aitkin, Minnesota
  • Chicago-based Roseland Community Hospital Association
  • North Ottawa Community Hospital, Grand Haven, Michigan

Between 2 and 5 million dollars:

Between $ 1 million and $ 2 million:

  • West Carroll Health Systems, LLC, based in Oak Grove, Louisiana
  • Ninnescah Valley Health Systems, Inc., based in Kingman, Kansas
  • Ohio North East Health Systems, Inc., based in Youngstown, Ohio
  • Southwest Virginia Community Health Systems, based in Saltville, Virginia
  • Chicago-based Alivio Medical Center, Inc.

Between $ 350,000 and $ 1 million:

Between $ 150,000 and $ 350,000:

  • Baptist Health System, Inc., based in Birmingham, Alabama
  • United Physicians Care Center, based in Salt Lake City
  • Southeast Community Health System, based in Zachary, Louisiana
  • BMS Physician Practice, a medical group, Inc., based in Orange, California
  • AllCare Medical Centers, PC, based in Bradenton, Florida
  • Medwell Physician Practice, LLC, based in Holbrook, Massachusetts

For a complete list of organizations that have received PPP loans of $ 150,000 and over, check out the datasets here.

For a complete list of organizations that have received PPP loans under $ 150,000, check out the datasets here.

Jack O’Brien is the Content Team Leader and Financial Editor at HealthLeaders, an HCPro brand.


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