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Saturday, November 2, 2024

HHS provides $201,990 to businesses in Port Isabel under CARES Act

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Through the fourth quarter of 2020, businesses in Port Isabel received $201,990 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 Texas received $6.9 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 Memorial Hermann Health System with a total of $309.8 million. The average loan size in the city was $20,199 while the state's average loan amount was $221,294.

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
1Rural Clinics of South Texas, LLC$133,143
2Salazar Dental Services PA$31,804
3South Texas Advanced Practice Solutions, LLC$11,087
4Luna Medical Clinic, PLLC$9,586
5City of Port Isabel$7,755
6Isla Physical Therapy$3,761
7Laguna Madre Chiropractic Pa$2,451
8Clifford H. Benedict$1,949
9Tropical Healthcare, PLLC$325
10Marsha Sargeant$129

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