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Wednesday, November 6, 2024

HHS provides $979,148 to businesses in Reidsville under CARES Act

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Through the fourth quarter of 2020, businesses in Reidsville received $979,148 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 $29,671 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
1Hospice of Rockingham County, Inc.$258,313
2Carolina Apothecary, Inc.$186,330
3Curis at Reidsville Opco, LLC$96,293
4Joseph D Adams PA, D.D.S.$56,742
5Belmont Medical Associates, PLLC$55,058
6William a Ross II PA, D.M.D.$42,147
7Sandra B Doonquah PLLC, D.D.S.$34,270
8John H Hall JR PA, M.D.$30,101
9Rockingham Medical & Kidney Care, PLLC$26,058
10Ty L Wooden, PLLC, D.M.D.$23,653
11Joseph Guarino, M.D.$20,905
12Alexandria Adelaide, Inc.$19,850
13Paul R. Barrett, PA, D.D.S.$18,794
14Highland Neurology, Inc.$16,766
15Zack Hall PLLC, M.D.$15,887
16Tesfaye D. Fanta, M.D.$12,990
17Cynthia a Bolton PA, D.D.S.$12,207
18Roy O Fagan III PA, M.D.$8,896
19Beverly Rucker Family Care Home, Inc.$8,447
20Taylor Healthcare Services, PC$7,772
21The Mcinnis Clinic, PLLC$6,394
22Frances E. Dechurch & Associates, PLLC$6,035
23Graceson Manor Adult Care, LLC$6,006
24Stephen Knowlton$2,241
25Margaret Bowen, PLLC, M.D.$2,073
26Alison Marshall$2,006
27Luis Gonzalez Cuni$995
28Raymond Clark$829
29Julia Brannon PHD & Associates Incorporated$529
30Belmont Pharmacy, Inc.$218
31Sara Schneidmiller$201
32Linda McRae$116
33Youth Haven Services, Inc.$26

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