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Saturday, November 2, 2024

HHS provides $386,025 to businesses in Gulf Shores under CARES Act

Genbusiness010

Through the fourth quarter of 2020, businesses in Gulf Shores received $386,025 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 Alabama received $1.3 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 The Children's Hospital of Alabama with a total of $69.5 million. The average loan size in the city was $20,317 while the state's average loan amount was $242,614.

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
1Charles D. Stoddard$95,959
2GS Pharmacy, LLC$44,093
3Island Orthodontics$36,922
4Wayne T Martin and Conor J Rutledge, D.M.D., PC, D.D.S.$34,286
5Southern Psychiatry Associates, LLC$30,786
6Felber and Associates$27,107
7Jeanne M Birkenhauer, P. C., M.D.$23,475
8Pulmonary and Critical Care Services, P.C.$19,828
9John D. Sherrod, L. L. C., M.D.$17,483
10Gulf Shores Medical Center$17,138
11Gulf Shores Pediatrics, P.C.$15,132
12General Practice, P.C.$6,933
13Chiropractic Connection$5,828
14Chiropractic Care, Inc.$4,548
15Dr. Pamela O. Edwards Family Dentistry$2,976
16Ashley Toland$1,745
17Counseling Centre, LLC$721
18Gulf Coast Family Chiro$537
19Darryl Allen$528

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