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Wednesday, November 6, 2024

HHS provides $596,204 to businesses in Indian Trail under CARES Act

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Through the fourth quarter of 2020, businesses in Indian Trail received $596,204 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 $35,071 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
1Stalls Medical, Inc.$216,243
2Union Health Services, LLC$117,886
3DR. Cameron and Associates of Indian Trail, PLLC$92,475
4S. T. E. P's Developmental Academy, Inc.$70,930
5Din Lam, M.D., PLLC, D.M.D.$48,641
6Mitesh B Dhulab PA, D.M.D.$27,020
7Koerich & Koerich PLLC, D.D.S.$6,855
8Walgren Counseling, PLLC$6,552
9James Matthews$2,461
10Premier Family Eye Care PLLC, OD$2,232
11Torie Hoey$1,066
12Integrative Chiropractic and Natural Medicine$978
13Karizma Infinities Family Care Home$955
14Carolinas Therapy Solutions$700
15Beam and Blizzard, LLC$436
16Gotro Chiropractic of Indian Trail$411
17Summit Health Solutions, PLLC$363

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