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Shenandoah Valley News

Thursday, November 21, 2024

HHS provides $1.2 million to businesses in Woodstock under CARES Act

Genbusiness006

Through the fourth quarter of 2020, businesses in Woodstock received $1.2 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 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 $72,571 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
1Woodstock Facility Operations, LLC$575,864
2Skyline Terrace Convalescent Home$336,500
3Ability Home Care, LLC$69,607
4Shenandoah County Board of Supervisors$55,882
5Tolley Woodstock, Inc.$33,471
6Woodstock Rescue Squad$23,539
7Eye Care Physicians and Surgeons, PC$21,475
8Richard D. Kent, P. C., D.P.M.$13,700
9Shenandoah Dental Clinic, Inc.$9,763
10Cross Roads Physical Therapy, LLC$7,961
11Cheff Chiropractic Care, PLLC$5,293
12Tri-County Transport, LLC$4,023
13David Despirito$2,070
14Macdonald Chiropractic, PC$1,361
15Shenandoah Optical, Inc.$401
16Walton & Smoot, Ltd.$225

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