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Friday, December 27, 2024

HHS provides $778,379 to businesses in Whitney under CARES Act

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Through the fourth quarter of 2020, businesses in Whitney received $778,379 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 $70,762 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
1Town Hall Estates-Whitney, Inc.$513,588
2Randall Henderson PLLC, D.O.$170,726
3Lake Whitney Operations, LLC$40,352
4Whitney Family Eyecare, P.C.$26,061
5Lake Whitney Physical Therapy, PC$12,223
6City of Whitney$8,424
7Kristopher Auten$4,983
8Crimson Care Pharmacy Group I, LLC$1,338
9Eubank Drug, LLC$602
10County Hematology-Oncology Clinics$76
11Rinity, Inc.$6

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