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North Acadiana News

Thursday, November 21, 2024

HHS provides $797,791 to businesses in Jeanerette under CARES Act

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Through the fourth quarter of 2020, businesses in Jeanerette received $797,791 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 $113,970 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
1Maison Teche, LLC$683,576
2Therapy Center of Jefferson Davis Parish, Inc.$51,878
3City Pharmacy & Home Medical$40,535
4Bourgeois Family Medicine Clinic a Professional Medical Corporation$14,647
5Black-Smith Trio$4,954
6Your Family Care Center, LLC$1,400
7Jeannine F. Morris$801

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