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Thursday, April 3, 2025

HHS provides $3.2 million to businesses in Kannapolis under CARES Act

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Through the fourth quarter of 2020, businesses in Kannapolis received $3.2 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 North Carolina received $2.3 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 Carolinas Medical Center with a total of $135.4 million. The average loan size in the city was $98,831 while the state's average loan amount was $245,727.

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
1Hospice of Cabarrus County, Inc.$693,581
2Kannapolis Healthcare, LLC$651,473
3Veeraj, LLC$435,000
4Public Health Authority of Cabarrus County$402,619
5Senior Ventures & Management, Inc.$369,712
6Northeast Ear, Nose, & Throat Center$217,261
7County of Cabarrus Office of Treasurer$151,403
8Todd M Hendrickson PLLC, D.M.D.$32,239
9Kannapolis Universal Smiles$29,010
10Bhavna Jayaram$26,028
11Best of Care Assisted Living, LLC$21,781
12Mike Morton PLLC, D.D.S.$19,299
13Jennifer L. Wells, PA, D.D.S.$19,130
14Zsambeky, Chaney & Associates Kannapolis, PA$18,246
15Union Medical Services, LLC$16,888
16Hammock & Lotakis, D.D.S. VI, PLLC, D.M.D.$14,421
17Cook Chiropractic, Inc.$9,007
18Arnya, Inc.$6,051
19Pinnacle Independent RX, Inc.$4,970
20John Tuttle$4,614
21Cabarrus Chiropractic Clinic, P. A.$4,542
22S Cannon Medical PA$3,086
23Mccombs Counseling & Consulting, Inc.$2,068
24Moose Pharmacy of Kannapolis, Inc.$2,000
25Bradford Burgess$1,949
26Offensive Backs, PLLC$1,944
27John Atkinson PLLC, OD$1,459
28Trull Chiropractic Pa$1,426
29Kannapolis Chiropractic, PC$544
30Timothy Long$389
31Dennis Caudill$295
32Imperial Health Services, LLC$145

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