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Friday, November 22, 2024

HHS provides $1.9 million to businesses in Iuka under CARES Act

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Through the fourth quarter of 2020, businesses in Iuka received $1.9 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 Mississippi received $1.1 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 State of Missisippi with a total of $57.6 million. The average loan size in the city was $126,001 while the state's average loan amount was $352,837.

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
1Tishomingo Community Care Center, LLC$704,205
2CLC of Iuka, LLC$537,322
3North Mississippi Ground Ambulance, LLC$501,378
4Kelly S Segars PC, M.D.$48,526
5Ben E. Kitchens$19,956
6Dr. Phillip Gray H.P.A.$18,318
7Charles E Wilson PC, M.D.$15,285
8Caring Hands Rehab, Inc.$15,090
9Mineral Springs Health Care, PLLC$12,641
10Sanchez Chiropractic Center, P.C.$5,181
11Iuka Discount Drugs, LLC$4,323
12Avalon Medical, LLC$3,078
13Barnett Apothecary, LLC$3,072
14Burns, Inc.$1,493
15Phillip Gray$143

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