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Sunday, November 17, 2024

HHS provides $12 million to businesses in Winnsboro under CARES Act

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Through the fourth quarter of 2020, businesses in Winnsboro received $12 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 Louisiana received $2.1 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 Ochsner Clinic Foundation with a total of $139.4 million. The average loan size in the city was $752,840 while the state's average loan amount was $320,728.

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
1Franklin Parish Hospital Service District No1$10,511,459
2Plantation Manor Nursing & Rehabilitation Center, LLC$782,966
3Northeast LA Ambulance Service, LLC$182,862
4Hospice TLC, Inc.$121,682
5Home Care TLC, Inc.$109,184
6Simcor, L.L.C.$99,395
7Winnsboro Physical Therapy, Inc.$52,352
8Winnsboro Medical Clinic$48,555
9Jimmy R Coughran a Medical Corporation$43,658
10Franklin Community Services, Inc.$37,606
11Bayou Medical$19,537
12John Little a Professional Dental Corporation$16,259
13Geaux Fit of LA, LLC$7,100
14Geaux Fit of LA, LLC$6,029
15Hoard Medical Transportation$5,553
16Adams Pharmacy, Inc.$1,244

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