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Thursday, October 17, 2024

HHS provides $4.4 million to businesses in Benton under CARES Act

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Through the fourth quarter of 2020, businesses in Benton received $4.4 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 Kentucky received $1.6 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 St. Elizabeth Medical Center, Inc. with a total of $67.3 million. The average loan size in the city was $161,732 while the state's average loan amount was $337,672.

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
1Marshall County Hospital District$4,012,657
2LHCG XXIII, LLC$76,630
3Fiscal Court Marshall County$57,600
4Jackson Purchase Pulmonary Medicine, PLLC$42,191
5Mid-State Investments, LLC$28,985
6Randon S Prather, PSC, D.M.D.$18,361
7Brian E. Doss, D.M.D.$17,490
8Benton Discount Pharmacy, Inc.$13,872
9Partners, PLLC, M.D.$13,675
10Benton Medical and Surgical Associates, PSC$10,872
11Glen Van Loon$10,338
12Dr. Wendy Sowell-Gibson$8,884
13Chaney Bug Health Services PSC$7,901
14Lyles Eye Center, PLLC$7,498
15Marshall County Anesthesia, PLLC$7,070
16Wendy Sowell Gibson, OD$7,011
17Benton Chiropractic, PLLC$6,280
18Kandice WomMacK$3,251
19Marshall Company Association for EXCPTNL CHLDRN$3,025
20Egner Chiropractic and Rehabilitation Center, PLLC$2,477
21Michael Hayes$2,383
22Barrett Chiropractic Center, Inc.$2,304
23Marshall County Health Department$1,880
24JW Pharmacy$1,703
25Dawson Physical Therapy, PLLC$1,691
26Barrett Therapy and Wellness, PLLC$580
27Arnold Krause$144

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