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Thursday, October 17, 2024

HHS provides $724,253 to businesses in Franklin under CARES Act

Genbusiness011

Through the fourth quarter of 2020, businesses in Franklin received $724,253 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 $31,489 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
1Sport Medicine and Orthopaedic Center, Inc.$392,313
2Franklin Home Care Services, LLC$66,764
3Virginia Gastroenterology Institute, PC$31,913
4Clay Home Medical, Inc.$24,176
5Bakers Home, Inc.$19,093
6First Class Home Care Services$18,543
7Thompson Family Dentistry$17,645
8Burdette E. Gatten III$17,348
9Alan W Edwards PC, M.D.$17,027
10City of Franklin$16,261
11Therapy Concepts, Inc.$14,667
12Maria Ona Mdpc$12,956
13Eye Care 108, LLC$12,152
14MS Imaging, Inc.$10,809
15Helping Hands Sitter Service, LLC$9,630
16Brenda Lee Davis Ma Lpc$9,135
17Careamerica Behavioral Group$8,579
18Total Business and Personal Services, LLC$7,069
19Southern Virginia Hospitalists, LLC$7,013
20Nebojsa Mitrovic$5,070
21Franklin Chiropractic Center$3,446
22D. W. Family Home Care, Inc.$1,480
23Ophthalmology Associates, PLLC$1,164

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