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Lafayette Reporter

Saturday, November 16, 2024

HHS provides $288,931 to businesses in Youngsville under CARES Act

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Through the fourth quarter of 2020, businesses in Youngsville received $288,931 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 $15,207 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
1Acadiana Pediatric Dentistry$74,430
2Bares, Inc.$66,596
3Myers Dermatology, LLC$59,416
4Physical Therapy South, Inc.$22,410
5Louisiana Senior Living of Youngsville, LLC$12,884
6Advanced Eyecare, LLC$9,373
7Patrick R. Magee, a. P. O. C., O.D.$9,158
8Jill Zerangue Simon, D.D.S.$7,967
9AHS Walk in Clinic$5,871
10Revive Psychiatric Services, LLC$4,512
11Indira Gautam a Professional Medical Corporation, M.D.$4,327
12LHTC Psych Services$4,083
13Jason Collins & Associates, LLC$2,992
14ECL Group, LLC$1,700
15Snyder Psychiatric Services, LLC$1,655
16Youngsville Chiropractic, LLC$815
17Integrative Medicine of Acadiana, LLC$547
18Jean Luke Smith$128
19Red Couch Counseling, LLC$67

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