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Fredericksburg Leader

Friday, November 1, 2024

HHS provides $971,917 to businesses in King George under CARES Act

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Through the fourth quarter of 2020, businesses in King George received $971,917 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 Virginia received $1.7 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 Inova Health Care Services with a total of $187.5 million. The average loan size in the city was $74,763 while the state's average loan amount was $198,948.

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
1King George Life Care, LLC$780,542
2Richard Cottrell, PC, D.D.S.$71,628
3King George County$28,065
4S & L Dental Group, PLLC$25,301
5At Home Comfort, LLC$22,333
6Wendy M. Moore PC, D.D.S.$14,358
7Shady Grove Pediatrics, PC$12,018
8Spap Holding Corporation$6,167
9Centercare Family Practice, LLC$4,237
10Potomac Physical Therapy$2,571
11Paul Lysher Physical Therapy$2,125
12Inez Weekes$1,463
13MWHC Urgent Care, LLC$1,109

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