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Upper Cumberland Times

Thursday, November 21, 2024

HHS provides $5.2 million to businesses in Lafayette under CARES Act

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Through the fourth quarter of 2020, businesses in Lafayette received $5.2 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 Tennessee received $2.5 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 Chattanooga Hamilton County Hospital Authority with a total of $74.7 million. The average loan size in the city was $289,920 while the state's average loan amount was $328,420.

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
1Macon County General Hospital, Inc.$3,672,321
2Adoration Home Health, LLC$791,260
3Tri-Age Adventures, Inc.$386,556
4KSC, Inc.$173,622
5County of Macon Office of County Executive$39,816
6Alpha Medical Associates, Inc.$21,595
7Family Care Center, LLC$21,515
8Raum Holdings Incorporated$20,990
9Lynn J Cothron Family Dentistry PC, D.M.D.$15,528
10Sycamore Emergency Physicians, LLC$13,143
11Armadillo Medical Service, P.C.$10,096
12Primary Healthcare Group, Inc.$9,253
13Stanley Chunn$8,987
14Hometown Healthcare$8,771
15Comprehensive Rehabilitation of Lafayette, Inc.$8,095
16Emily Lough$7,770
17Callie Medical Group, LLC$6,381
18Kevin Gocha$2,858

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