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Wednesday, April 16, 2025

HHS provides $682,354 to businesses in New Castle under CARES Act

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Through the fourth quarter of 2020, businesses in New Castle received $682,354 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 Indiana received $1.9 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 Reid Hospital & Health Care Services, Inc. with a total of $58.5 million. The average loan size in the city was $35,913 while the state's average loan amount was $352,160.

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
1Bethany Cares, Inc.$145,668
2New Castle Clinic, Inc.$121,630
3Nra-New Castle, Indiana, LLC$82,824
4Indiana Radiotherapy, PC$77,282
5City of New Castle$56,219
6Henry County Auditor$41,660
7Indiana Physician Management-Henry, LLC$35,884
8Knightstown Dental, P.C.$33,927
9David a Dickey PC, D.D.S.$33,297
10Ladine Podiatry, PC$18,970
11Dean B. Ricks PC, M.D.$12,509
12Patricia Vanderpool$9,466
13Young Family Chiropractic & Wellness Center$3,313
14Kane Loveridge Psychological Services, LLC$2,515
15Huffman Family Chiropractic, Inc.$2,317
16Teresa Thomas$1,540
17Lamberson & Malott Eye Center, PC$1,200
18Thomas Millikan$1,118
19Cardinal Home Medical, LLC$1,015

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