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HHS provides $2.1 million to businesses in Berea under CARES Act

Genbusiness011

Through the fourth quarter of 2020, businesses in Berea received $2.1 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 Kentucky received $1.6 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 St. Elizabeth Medical Center, Inc. with a total of $67.3 million. The average loan size in the city was $79,800 while the state's average loan amount was $337,672.

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
1Berea Operations, LLC$751,725
2Berea Healthcare, LLC$676,295
3Rural Health, PLLC$129,734
4Madison County EMS$113,932
5Back Office Management Services, LLC$99,793
6Fresenius Medical Care Nak Berea, LLC$42,036
7Berea Clinic of Internal Medicine$36,399
8Dr. Gary E. King Optometrist Psc$31,996
9Medical Laser Center, LLC$31,546
10Berea Urgent Care, LLC$29,749
11Resource Anesthesia Cumberland Valley, Inc.$23,657
12Mary E. Oldfield$23,130
13Jones Family and Cosmetic Dentistry$20,838
14Parsons Counseling, LLC$15,961
15The Speech Path, PLLC$9,545
16Wanda France$8,876
17Busy Bee Occupational Therapy, PLLC$8,660
18Manager O War Urgent Care, LLC$7,964
19Mark R. Secor, M.D.$7,051
20Chiropractic Health Solutions, LLC$1,800
21Berea Drug Company, Inc.$1,577
22Dan Sipple Enterprises, LLC$1,173
23Beh Physical Therapy, LLC$667
24M Andrew Durant PLLC, OD$472
25Edd Easton-Hogg$132
26Harmon Chiropractic, Inc.$95

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