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Friday, November 15, 2024

HHS provides $4.2 million to businesses in Greenfield under CARES Act

Genbusiness007

Through the fourth quarter of 2020, businesses in Greenfield received $4.2 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 Ohio received $3.8 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 The Cleveland Clinic Foundation with a total of $243.2 million. The average loan size in the city was $348,295 while the state's average loan amount was $290,521.

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
1Greenfield Area Medical Center$3,736,144
2Edgewood Manor of Greenfield, LLC$395,405
3Jacob J Bissonette, LLC, D.D.S.$21,292
4HC SNF, LLC$6,592
5West Main Family Practice, LLC$4,867
6Corner Pharmacy, LLC$3,440
7Highland Family Eye Care$3,072
8Roman Family Healthcare$2,796
9Greenfield Chiropractic, L.L.C.$2,381
10C a R E Chiropractic, Inc.$2,287
11North Creek, LLC$860
12Olaker's Apothecary, LLC$409

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