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Tuesday, September 24, 2024

HHS provides $215,343 to businesses in Pleasant View under CARES Act

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Through the fourth quarter of 2020, businesses in Pleasant View received $215,343 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 $23,927 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
15 Star Dental Care, PLLC$76,239
2Dental Specialty Education, Inc.$48,000
3Timothy K Duffin PLC, M.D.$29,338
4Regents Medical Center, PC$25,000
5Fred Nordquist PC, M.D.$15,053
6Joseph D. Weatherford, PLC$13,615
7Steel Family Medicine$6,425
8Sleep Medicine Associates, PLLC$1,288
9Gary Wilson$385

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