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Thursday, December 26, 2024

HHS provides $5.4 million to businesses in Burgaw under CARES Act

Genbusiness010

Through the fourth quarter of 2020, businesses in Burgaw received $5.4 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 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 $319,669 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
1Pender Memorial Hospital, Inc.$4,327,355
2The Laurels of Pender, LLC$608,961
3Atlantic Dermatology Pa$194,418
4Pender EMS and Fire, Inc.$169,147
5Valerie C. Pollock PA, D.D.S.$36,865
6Michael George Rallis$31,186
7Pender Adult Services, Inc.$16,024
8Bryan Weckel Family Medicine PLLC, M.D.$14,957
9Michael T Mcallister PA, D.D.S.$9,570
10Motsinger Advanced Eye Care, P. L. L. C., O.D.$7,562
11Burgaw Eye Center PA, OD$5,734
12Coastal Primary Health Specialists, PLLC$4,209
13Pender Pediatric Therapy, PC$2,760
14Heather L Downs D O, PC$2,116
15Larry Dashow PC, M.D.$1,446
16County of Pender$1,133
17Warsaw RX, LLC$937

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