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Friday, November 15, 2024

HHS provides $4.9 million to businesses in Fulton under CARES Act

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Through the fourth quarter of 2020, businesses in Fulton received $4.9 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 Maryland received $2 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 The Johns Hopkins Hospital with a total of $126.6 million. The average loan size in the city was $203,355 while the state's average loan amount was $241,470.

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
1Capital Womens Care, LLC$3,076,575
2Artis Holdings, LLC$1,089,948
3Young S Lee Endodontic Specialists PC, D.M.D.$105,467
4Synergy Therapy, LLC$100,654
5APNT, Inc.$83,124
6Kamlesh G Patel PA, D.M.D.$79,619
7Rsood, LLC.$68,963
8Vanguard Orthodontics, LLC$49,185
9Center for Brain and Neurocare, LLC$34,672
10Maple Lawn Surgery Center$30,394
11David Bonebreak MS LLC, D.D.S.$27,993
12First Sight Vision Care, LLC$27,436
13RKM Orthodontics, LLC$24,209
14Aesthetic & Family Dental Care, Inc.$20,923
15Fern Care Corporation$15,406
16Vandanasaidha PA, D.D.S.$13,068
17Crain Medical P a$8,897
18It Hospitalist Services$8,009
19Vincent Sutliff$4,761
20360 Rehab & Wellness, LLC$4,730
21DRS Ely and Cohen Optometry of Maple Lawn, LLC$3,603
22CMS Supreme Care, LLC$2,016
23TRI Kim, LLC$645
24Jerry L. Radas, P.C.$229

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