Quantcast

Foothills Review

Friday, November 22, 2024

HHS provides $437,918 to businesses in Forest City under CARES Act

Genbusiness005

Through the fourth quarter of 2020, businesses in Forest City received $437,918 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 $24,329 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
1North Carolina in-Home Partner-V, LLC$97,777
2Peace in the City$79,908
3Jeffrey D. Hall, P. A., D.M.D.$60,727
4Smiths Drugs of Forest City, Inc.$50,936
5Wound Care Specialists PA$44,875
6Therapy Plus Clinic, Inc.$29,595
7Sunnyside Retirement Home, Inc.$21,137
8Griffith and Griffith$18,523
9Rutherford Dermatology Pa$10,259
10Carolina Chiropractic Plus of Rutherford County, Inc.$8,007
11Frank E Jones, D.D.S.$5,735
12Charlotte Whitaker$2,428
13Forest City Chiropractic PA$2,197
14Hardins Drugs Store No 2, Inc.$1,772
15Robert Rodgers$1,593
16Pain Management Plus, PLLC$997
17Hardins, Inc.$856
18Integrity Health Options, PA$596

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS