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Saturday, November 23, 2024

HHS provides $681,911 to businesses in Fayette under CARES Act

Genbusiness007

Through the fourth quarter of 2020, businesses in Fayette received $681,911 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 Alabama received $1.3 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 The Children's Hospital of Alabama with a total of $69.5 million. The average loan size in the city was $35,890 while the state's average loan amount was $242,614.

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
1Cardiology Consultants, PC$316,145
2Fayette Medical Center Homecare, LLC$113,187
3ARC of Fayette/lamar/marengo Counties, Inc.$99,161
4York Drug, Inc.$60,030
5Garry W Magouirk PC, M.D.$21,014
6Charles W. Nolen, JR., P. C., M.D.$20,902
7J Jason Ayers Inc., D.M.D.$10,732
8Martha Jo Christian PC, M.D.$10,060
9Frederick L. Yerby, P. C., M.D.$7,306
10Medcenter Fayette, LLC$5,676
11Stuart Griswold, D.D.S.$5,641
12FMC Medical Clinic Fayette, LLC$2,870
13Fayette Medical Center-Crna$2,757
14Bruce A. Perry$2,667
15May Eye Care, P.C.$2,222
16Bruce a Perry, O.D.$684
17Debbies Drugs, LLC$644
18C & D Pharmaceuticals Fayette, Inc.$201
19Fayette Downtown Pharmacy, Inc.$12

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