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Upper Cumberland Times

Thursday, October 17, 2024

HHS provides $2.1 million to businesses in Sparta under CARES Act

Genbusiness011

Through the fourth quarter of 2020, businesses in Sparta received $2.1 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 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 $87,756 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
1Sparta Medical Investors Limited Partnership$695,679
2NHC Healthcare-Sparta, LLC$575,942
3Eye Centers of Tennessee, LLC$282,364
4Cumberland Family Care, P.C.$166,276
5JTP Enterprises, LLC$103,610
6County of White$62,666
7Sparta Apothecary, Inc.$37,544
8Gamble & Acuff Enterprises, LLC$32,848
9Retire at Home Senior Care$29,965
10Cornerstone Family Medicine, LLC$20,802
11Abhay G Kemkar, M.D.$15,085
12Waymon T. Haston, D.D.S.$14,315
13Jeffrey D. Loveland$14,107
14Senior Health Professionals, LLC$10,501
15Robert Baker$9,388
16TLC Family Care, PC$7,813
17Mooreeyes, LLC$5,316
18Aero Anesthesia, PLLC$5,269
19Alan Drake$4,215
20Walk in Clinic of Sparta, LLC.$3,598
21Scotty Kirby$3,382
22Nickels Chiropractic Clinic, PLLC$3,282
23Martin W Parod, OD$1,376
24Cumberland Home Doctors, LLC$792

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