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Tuesday, November 12, 2024

HHS provides $6.1 million to businesses in Edenton under CARES Act

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Through the fourth quarter of 2020, businesses in Edenton received $6.1 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 $510,118 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
1East Carolina Health Chowan, Inc.$5,962,875
2Christopher H. Koppelman & Ethanb. Nelson, D. D. S., P, D.D.S.$49,980
3East Carolina Foot and Ankle Specialists PA$36,863
4Eye Care of Edenton PLLC, OD$23,989
5Jerry Bradley and Associates, PLLC$18,967
6Miller Chiropractic Group PA$8,656
7Carolina Medical & Management Consultants, PLLC$8,437
8Robert Bohl$3,101
9Blount's Mutual Drugs, Inc.$2,943
10James Cranford$2,540
11Debra Minor-Schork, LLC$1,765
12Faith Counseling and Clinical Consultation Services, PLLC$1,299

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