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Thursday, October 17, 2024

HHS provides $795,693 to businesses in Lebanon under CARES Act

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Through the fourth quarter of 2020, businesses in Lebanon received $795,693 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 Virginia received $1.7 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 Inova Health Care Services with a total of $187.5 million. The average loan size in the city was $53,046 while the state's average loan amount was $198,948.

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
1Home Nursing Company, Inc.$200,289
2Western Virginia Regional Emergency Physicians, LLC$189,941
3Highlands Ambulance Service, Inc.$97,470
4Choice Respiratory & Medical Equipment, Inc.$96,935
5Mercy Ambulance Service, Inc.$87,902
6Divine Home Care, Inc.$48,086
7Lebanon Physical Therapy and Rehabilitative Services, LLC$29,965
8Home Care Equipment, Inc.$18,901
9Lebanon Life Saving Crew, Inc.$11,732
10Charles W Tyhurst PC, OD$7,793
11Gregory Chiropractic Health Center, P.C.$2,136
12Steven SchuMacHer$1,742
13Matthew Jessee Chiropractic, PC$1,260
14B & B Pharmacies, Inc.$1,215
15Street Drug Corporation$326

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