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Allegheny Highlands Today

Wednesday, October 16, 2024

HHS provides $6.9 million to businesses in Petersburg under CARES Act

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Through the fourth quarter of 2020, businesses in Petersburg received $6.9 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 West Virginia received $646.6 million 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 Charleston Area Medical Center, Inc. with a total of $74.2 million. The average loan size in the city was $382,050 while the state's average loan amount was $313,135.

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
1Grant Memorial Hospital$4,668,677
2Regional Eye Associates, Inc.$876,971
3Grant Rehab & Care Center$748,433
4Potomac Highlands Mental Health Guild, Inc.$206,850
5Grant Memorial Homecare and Hospice, LLC$198,498
6Judys Drug Store, Inc.$59,191
7South Branch Hospitalist and Internal Medicine Group, PLLC$41,273
8County of Grant$25,581
9Cheryl L Bennett PLLC, OD$17,016
10Jeffrey G. Kimble Dba Kimble Family Dentistry$16,639
11David E. Harman MA, Inc., D.D.S.$5,172
12Stephen Thompson$2,698
13Caroline Armstrong$2,492
14Bruce Leslie$2,457
15Benjamin Leslie$1,872
16John L Hahn Inc., M.D.$1,553
17Grant County Board of Health$1,079
18Heather Barger$441

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