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Monday, November 18, 2024

HHS provides $293,748 to businesses in Lincoln City under CARES Act

Genbusiness010

Through the fourth quarter of 2020, businesses in Lincoln City received $293,748 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 Oregon received $982.3 million 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 Providence Health & Services Oregon with a total of $108.9 million. The average loan size in the city was $22,596 while the state's average loan amount was $212,980.

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
1Margaret A. Portwood$163,180
2Lakeview Operations, LLC$104,759
3Oregon Urology Clinic, PC$14,195
4Robert Hollingsworth$2,536
5Christine McCambridge$2,082
6Renovo Chiropractic, LLC$1,716
7Dianne Mason$1,469
8Robert Oksenholt$1,364
9Alyson Harper$1,179
10Amalia Greene$732
11Julie Applegate$255
12Donna Robbins$175
13Margaret Portwood$106

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