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Sunday, September 29, 2024

HHS provides $1.1 million to businesses in Signal Hill under CARES Act

Genbusiness007

Through the fourth quarter of 2020, businesses in Signal Hill received $1.1 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 California received $8.6 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 County of Los Angeles with a total of $315.4 million. The average loan size in the city was $79,843 while the state's average loan amount was $175,782.

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
1Ab Safe Haven Palliative & Hospice Care, Inc.$827,043
2Hye Quality Home Health, Inc.$138,992
3Rana Wellcare, Inc.$44,121
4Fine Home Health, Inc.$32,923
5Dermatology Associates of Southern California, Inc.$28,710
6Advanced Orthopedic Physical Therapy$19,641
7Reischl Physical Therapy, Inc.$9,235
8Prosthetic & Orthotic Group, Inc.$8,011
9LB Surgical Center, LLC$3,729
10California Healthcare Staffing, Inc.$3,223
11Lilia Sheynman$851
12Nu Image Now Wellness Center$815
13Amy Lappen$345
14Alexander Wong$161

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