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Wednesday, November 27, 2024

HHS provides $146,993 to businesses in Seymour under CARES Act

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Through the fourth quarter of 2020, businesses in Seymour received $146,993 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 $13,363 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
1Associated Therapeutics, Inc.$28,892
2Gealon a. Thomas, PLLC, D.D.S.$27,282
3Joslin Eye Center, P.C.$24,586
4Kids Choice Pediatrics, PLLC$24,344
5Doug & Cathy Smith, PC, D.D.S.$20,860
6Patrick Daniel PLLC, D.M.D.$14,465
7Mountain View Chiropractic$3,020
8Troy Buckridge$1,065
9Seymour Pharmacy, Inc.$954
10David Berry$879
11Greg A. McClurg$646

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