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Saturday, November 23, 2024

HHS provides $262,173 to businesses in Hernando under CARES Act

Genbusiness006

Through the fourth quarter of 2020, businesses in Hernando received $262,173 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 Florida received $4.2 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 South Broward Hospital District with a total of $183.2 million. The average loan size in the city was $23,834 while the state's average loan amount was $152,608.

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
1TLC Rehab, Inc.$144,268
2ADVN Dental Partners PA$46,982
3Blessilda B. Liu, P. A., M.D.$25,449
4Hometown Rehab, PLLC$17,849
5Matthew J Lasorsa, PA, D.M.D.$13,030
6Hoffman Chiropractic Wellness Pa$4,871
7B Liu PLLC, M.D.$3,303
8Shawn Niccolls$2,972
9Journey to Success, LLC$2,858
10Eilis Clark$380
11Desaraju and Kompella MDS PA$211

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