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Sunday, November 24, 2024

HHS provides $332,536 to businesses in Louisburg under CARES Act

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Through the fourth quarter of 2020, businesses in Louisburg received $332,536 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 North Carolina received $2.3 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 Carolinas Medical Center with a total of $135.4 million. The average loan size in the city was $23,753 while the state's average loan amount was $245,727.

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
1County of Franklin$91,188
2Vision Behavioral Health Services, LLC$86,924
3Beckford Avenue Medical Center PA$56,209
4D H Lee PA, D.M.D.$34,052
5Impact Healthcare, P. A.$27,543
6Malek and Knight PA VII, D.D.S.$18,881
7Louisburg Family Practice and Pain Management, PLLC$4,523
8William A. Sayles$4,514
9Harrison C. Lancaster$3,418
10Wake Forest Internal Medicine and Primary Care$1,587
11Pinewood Manor of NC, Inc.$1,437
12Louisburg Chiropractic Center$998
13Relief Integrated Health Care$901
14Family Pharmacy of Louisburg, L.L.C.$361

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