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Tuesday, November 5, 2024

HHS provides $2.4 million to businesses in Wadesboro under CARES Act

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Through the fourth quarter of 2020, businesses in Wadesboro received $2.4 million 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 $134,107 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
1Carolina Eye Associates, Inc.$1,374,388
2Wadesboro Health & Rehab Center, LLC$418,883
3Richmond County Hospice, Inc.$274,897
4Anson Regional Medical Services, Inc.$113,297
5Lincoln Family Practice$84,622
6Carolinas-Anson Healthcare, Inc.$49,210
7County of Anson$23,687
8Anson Pediatrics, Inc.$21,974
9Anson Rescue Squad, Inc.$14,129
10Anson Family Optometric, PLLC$9,527
11Beyond Expectations Comprehensive Servic$8,999
12DR. Diego H. Gonzalez-Ortiz, PLLC, D.D.S.$8,361
13Christine E Lemley PLLC, OD$5,185
14Carolina Physical Rehabilitation Services, Inc.$4,713
15Pierce Family Wellness Center, P.L.L.C$1,441
16S&M Drugs, LLC$357
17Sandhills Behavioral Center, Inc.$247
18Anson Pharmacy, Inc.$17

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