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Thursday, November 7, 2024

HHS provides $14.9 million to businesses in Tarboro under CARES Act

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Through the fourth quarter of 2020, businesses in Tarboro received $14.9 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 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 $785,068 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
1East Carolina Health Heritage, Inc.$12,263,194
2Tarboro Operating Company, LLC$948,174
3Tarboro Care, LLC$811,100
4Watermark Albemarle, LLC$548,123
5Tarboro Chemists, Inc.$88,475
6Positive Influences, Inc.$71,931
7FMS Ena Home, LLC$32,930
8Vidant Medical Group Affiliates, LLC.$32,413
9Tarboro Eye Associates Optometry, PLLC$27,895
10Jennifer W Taylor PA, D.D.S.$24,822
11Robersonville Physicians, PC$24,171
12Gray Bailey, PA, D.M.D.$12,827
13Tarboro Endoscopy Center, LLC$10,437
14Jonathan M Miller PA, D.D.S.$9,383
15Tarboro Internal Medicine of North Carolina, PA$3,455
16Brian J Lankford PA, OD$3,019
17Tarboro Chiropractic, Inc.$2,541
18Thornes Drug Center, Inc.$1,146
19Bryan Drugs, Inc.$254

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