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Wednesday, October 16, 2024

HHS provides $167,955 to businesses in Peru under CARES Act

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Through the fourth quarter of 2020, businesses in Peru received $167,955 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 Indiana received $1.9 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 Reid Hospital & Health Care Services, Inc. with a total of $58.5 million. The average loan size in the city was $13,996 while the state's average loan amount was $352,160.

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
1Dukes Physician Services, LLC$45,897
2Ladd Dental Group of Peru, PC$36,908
3St. Joseph Primary Care, LLC$21,894
4Justin D Brown LLC, D.D.S.$21,767
5Ladd Dental Group of Bunker Hill, PC$16,686
6Melody M Richardson PC, D.D.S.$11,194
7Advanced Internal Medicine, LLC$7,321
8St. Joseph Medical Group, Inc.$2,655
9Peace of Mind, LLC$2,372
10Reibly Chiropractic, Inc.$866
11City of Peru$380
12Katina Everding$15

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