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Mid Valley Reporter

Wednesday, October 16, 2024

HHS provides $401,325 to businesses in Silverton under CARES Act

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Through the fourth quarter of 2020, businesses in Silverton received $401,325 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 $19,111 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
1Silver Creek Family Medicine, LLC$170,366
2Acorn Dentistry for Kids$44,231
3Chase & Braxmeyer, LLC$39,369
4Timothy R. Peters, M.D.$35,762
5Foothills Medical Supply, LLC$19,584
6James P Nealon PC, M.D.$19,344
7Silver Falls Family Dental Care, PC$16,957
8Michael Kim PC, D.D.S.$16,933
9Hope Family Medicine, Inc.$15,958
10Silverton Eye Care, LLC$11,745
11Olwyn K Davies PC, M.D.$2,119
12Urgent Care Oregon, LLC$2,115
13Beverly Nicholson$2,036
14Silver Falls Eyecare, P.C.$1,989
15Allen Chiropractic Wellness Center, PC$1,172
16Daniel M Cote DC, LLC$466
17ORT Chiropractic Clinic, LLC$351
18Glenn T. Brasington, PH. D., Inc.$343
19Durrant Chiropractic, PC$252
20Mark Rowley$226
21Catherine Cummings$7

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