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Saturday, October 5, 2024

HHS provides $1.5 million to businesses in Edgewater under CARES Act

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Through the fourth quarter of 2020, businesses in Edgewater received $1.5 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 $57,738 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
1Washington Leasing Company, LLC$825,357
2Arundel Lodge, Inc.$156,885
3Bayside Physical Therapy & Sports Rehabilitation Limited Par$111,349
4Strong Smiles Dental Care, LLC$56,007
5Sanjiv K Saini LLC, M.D.$54,578
6Kevin R Doring PA, D.D.S.$49,760
7Edgewater Dental Arts$39,713
8Michael Billings LLC, D.D.S.$27,583
9Mini Bhaskar LLC, M.D.$26,163
10Karen S Beling Optometry, LLC$23,967
11Andrew T Gergely & Associates, LLC, M.D.$20,536
12Urgent Care Medicine, LLC$15,934
13Mitchell Dental Care, LLC$15,900
141st Medical of Annapolis, Inc.$15,890
15Aamc Community Clinics, LLC$14,088
16South River Internal Medicine, PA$13,530
17Mayo Dental, LLC$10,106
18Nadia Akhmed Internal Medicine LLC, M.D.$6,041
19D & G Eye Associates, LLC$5,674
20Cohen & Cohen Partnership$3,719
21Paramount Health & Wellness, LLC$3,276
22South River Ambulatory Surgery$1,966
23DR Richard C Fidanza, LLC$1,399
24Spencer Olson$1,183
25Richard Fidanza$330
26Maryland Chiropractic & Physical Medicine, LLC$241

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