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Thursday, November 21, 2024

HHS provides $523,428 to businesses in Wharton under CARES Act

Genbusiness007

Through the fourth quarter of 2020, businesses in Wharton received $523,428 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 Texas received $6.9 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 Memorial Hermann Health System with a total of $309.8 million. The average loan size in the city was $30,790 while the state's average loan amount was $221,294.

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
1Exceptional Eyecare Consultants, Inc.$176,965
2Sacred Care Home Health, LLC$86,272
3Christian Galvin$70,970
4Wharton Dialysis Care, LLP$62,089
5City of Wharton EMS$27,118
6X Ray Mobile Texas, Inc.$21,488
7Yassir Sonbol PA, M.D.$20,019
8Travis S Pinkston, PC, D.D.S.$16,024
9Mark a. Marconi, P. A., D.O.$13,209
10Mobin Sadiq$10,762
11Wharton Independent School District$6,638
12Wharton Eye Associates PA$6,212
13Wharton Medical Equipment & Accessories, LLC$2,220
14Lindsey E Tijerina PA, M.D.$1,319
15Carissa Health Care Services$1,041
16Capital Advanced Wound Care, PLLC$613
17Therapy Solutions 4 U, PLLC$469

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