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Saturday, November 16, 2024

HHS provides $5 million to businesses in Huntingdon under CARES Act

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Through the fourth quarter of 2020, businesses in Huntingdon received $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 Tennessee received $2.5 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 Chattanooga Hamilton County Hospital Authority with a total of $74.7 million. The average loan size in the city was $358,512 while the state's average loan amount was $328,420.

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
1Baptist Memorial Hospital-Huntingdon$3,914,506
2Hunting Operator, LLC$665,678
3Evans Medical Clinic, PLLC$194,262
4LHCG Xciv, LLC$137,540
5LHCG Xcvi, LLC$41,773
6Huntingdon Residential, LLC$18,860
7Larry Lee Nicholson II, OD$13,812
8Willliam E. Webb, D.D.S.$10,609
9Lee Marvin Carter$8,691
10Southern Chiropractic and Wellness Center, PLLC$4,289
11Jackson Regional Womens Center$4,105
12City Drug Company$2,772
13Charles Thomason$1,500
14Gateway EOI$774

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