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Sunday, November 24, 2024

HHS provides $896,090 to businesses in Kilgore under CARES Act

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Through the fourth quarter of 2020, businesses in Kilgore received $896,090 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 $56,006 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
1MPD Texas Resources of Kilgore, LLC$480,553
2Insight Eye Care$131,435
3Kelton Hospice, Inc.$129,018
4Chad Silvertooth, PLLC$41,041
5Joseph C. Degraffenried Jr.$33,533
6Surya Lanka$15,978
7Cherokee Dental Center, P.C.$12,857
8Meno Group, PLLC$11,765
9Kulkarni Dental, PC$11,412
10East Texas Treatment Center$9,674
11Alison Glezen$7,408
12Kilgore Integrated Health$6,654
13Atulkumar Patel$2,585
14Christopher Richard Gratton, D. C., P.C.$1,281
15Kilgore Chiropractic Clinic, Inc.$661
16C. M. Speaks, NP, PLLC$235

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