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Rome Reporter

Monday, November 25, 2024

HHS provides $5.5 million to businesses in Cedartown under CARES Act

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Through the fourth quarter of 2020, businesses in Cedartown received $5.5 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 Georgia received $3.1 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 Northside Hospital, Inc. with a total of $195.1 million. The average loan size in the city was $367,329 while the state's average loan amount was $299,390.

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
1Polk Medical Center, Inc.$4,239,449
2Cedar Springs Health & Rehab, LLC$602,562
3Cedar Valley Cypress, LLC$593,465
4Robert Pezzin, M.D.$16,604
5Willis Family Dentistry$16,460
6Murphy-Harpst Children's Centers, Inc.$11,947
7Cedartown Dentistry, P.C.$10,844
8North American Homecare Services, Inc.$6,539
9Jack Morgan$5,158
10General Medicine, Inc.$3,105
11Popham Eyecare, LLC$1,194
12Kondyles Chiropractic, PC$1,147
13Robert Pezzin$858
14Bradford Drug Store, Inc.$588
15Ray Popham, OD$13

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