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Thursday, November 21, 2024

HHS provides $936,403 to businesses in Oak Hill under CARES Act

Genbusiness007

Through the fourth quarter of 2020, businesses in Oak Hill received $936,403 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 West Virginia received $646.6 million 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 Charleston Area Medical Center, Inc. with a total of $74.2 million. The average loan size in the city was $66,886 while the state's average loan amount was $313,135.

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
1422 23rd Street Operations, LLC$562,872
2Peachtree Inpatient Consulting, LLC$229,020
3Priority Ambulance Service$37,016
4Oak Hill Emergency Physicians, LLC$25,349
5Johnathon J. Hale, PLLC, D.D.S.$19,711
6Active Rehab Services, Inc.$18,292
7Byron Nibert$15,770
8Dean C Paxton Inc., D.D.S.$11,023
9New River Vision Care$5,014
10Nones Dia Cardiac Systems, Inc.$4,905
11Pinnacle Chiropractic Health & Wellness, PLLC$3,575
12Mohammad Ullah$2,536
13Barry Stowers$671
14Main Street Pharmacy, Inc.$649

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