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Friday, November 22, 2024

HHS provides $1.4 million to businesses in Laurens under CARES Act

Genbusiness010

Through the fourth quarter of 2020, businesses in Laurens received $1.4 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 South Carolina received $1.2 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 Prisma Health-Upstate with a total of $131 million. The average loan size in the city was $96,815 while the state's average loan amount was $258,718.

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
1NHC Healthcare-Laurens, LLC$992,670
2Laurens DSN Board$225,400
3Lifetime Family Dentistry$45,679
4R. Nicholas Cost, JR., P. A., D.D.S.$16,035
5John L. Mcmurray III, LLC, D.M.D.$14,259
6Sunnyside Family Dentistry, LLC$13,745
7Laurens County School District 55$13,390
8Donaldson Eyecare$11,888
9Laurens Dentistry, LLC$11,462
10Catherine Brownlee$5,995
11Bennett Chiropractic Clinic, LLC$2,368
12Dean B. Youmans$2,120
13Magnolia Medical Group, Inc.$306
14RPVR Corporation$87

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