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Lafayette Reporter

Saturday, November 16, 2024

HHS provides $5.6 million to businesses in Church Point under CARES Act

Genbusiness010

Through the fourth quarter of 2020, businesses in Church Point received $5.6 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 $463,812 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
1Acadia-St. Landry Hospital Service District$4,161,233
2Acadia St. Landry Guest Home, Inc.$807,837
3Church Point Community Pharmacy, LLC.$431,705
4Thrifty Way Pharmacy of Church Point, LLC$58,034
5Hargroder Medical, Inc.$32,809
6Bec Vision, LLC$22,737
7Felton Family Care, Inc.$22,566
8J & a Legros Enterprises, LLC$10,291
9Braden Guidry, PT, LLC$6,102
10Acadiana Family Medical Center, a Professional Medical Corporation$5,485
11John L Guillory JR DC, LLC$4,291
12Church Point Primary Care, LLC$2,655

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