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Wednesday, December 4, 2024

HHS provides $105,320 to businesses in Havelock under CARES Act

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Through the fourth quarter of 2020, businesses in Havelock received $105,320 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 $10,532 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
1Gerald L Coates JR PA, D.M.D.$34,660
2City of Havelock$26,757
3Robinson Family Dental$18,975
4Banks Eye Care PLLC, OD$14,095
5Havelock Peak Performance Sports & Physical Therapy, LLC$4,892
6Dickinson Psychological Services PA$2,927
7Psychological Therapeutic Resources, LLC$2,064
8Cherry Point Chiropractic & Rehabilitation Center PA$523
9Roger Norris$333
10Desmone Family Eye Care PA, OD$94

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