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Myrtle Beach Leader

Friday, November 15, 2024

HHS provides $16.8 million to businesses in Loris under CARES Act

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Through the fourth quarter of 2020, businesses in Loris received $16.8 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 South Carolina received $1.2 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 Prisma Health-Upstate with a total of $131 million. The average loan size in the city was $1.3 million while the state's average loan amount was $258,718.

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
1Mcleod Loris Seacoast Hospital$15,234,606
2Cape Fear Retinal Associates, PC$690,957
3Loris Rehab and Nursing Center, LLC$676,373
4Seashore Pediatrics, PC$70,675
5DS Dental, LLC$52,582
6Loris Eye Associates, P. C.$17,506
7First Choice Medical Equipment and Respiratory Service, Inc.$12,266
8Dr. Michael L. Mills Pa$11,615
9Palmetto Personal Care Services, Inc.$9,884
10Stat, LLC$3,351
11Protz Chiropractic, Inc.$621
12Loris Drug Store, Inc.$264
13Carmichael Family Chiropractic, LLC$12

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