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Thursday, November 21, 2024

HHS provides $2.1 million to businesses in Severna Park under CARES Act

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Through the fourth quarter of 2020, businesses in Severna Park received $2.1 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 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 $38,365 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.

50 largest PPP loan recipients
RankBusinessDollar Amount Received
124 Truckhouse Road Operations, LLC$941,126
2Corelife Health Services, Inc.$154,355
3BFT Vision, Inc.$135,377
4Karina Spivak, LLC, D.M.D.$79,809
5Russell, Deasey, Wright and Zitofsky, LLC$63,400
6Rutzen Eye Specialists$61,503
7Corelife of Delmarva, LLC$53,082
8Cypress Creek Therapy Associates, LLC$52,401
9Jyothi GaddeP. A., M.D.$48,662
10Lee Kleiman, P. A, M.D.$44,535
11Elba M. Pacheco LLC, M.D.$40,714
12Mitra Madani, LLC, D.D.S.$38,932
13Baycove Family & Cosmetic Dentistry, LLC$36,523
14Corelife, Inc.$34,230
15Faith Alice Hackett, M.D.$31,070
16Patterson Physical Therapy, Inc.$29,862
17Wright Orthodontics, LLC$26,067
18Paul J. Kinsey, PA, D.D.S.$25,190
19Alan J. Binstock PA, D.D.S.$20,001
20P Todd Bonner MS PA, D.D.S.$18,991
21Bay Radiology, LLC$16,562
22Severna Park Smiles, LLC$15,701
23Severna Park Physical Therapy, Inc.$14,800
24Stephen Katz PA, M.D.$14,700
25Clifford Andrew$11,577
262 WS, LLC$11,152
27Paul W Gill PC, D.P.M.$9,588
28Elaine Arata$8,456
29Kenneth Fligsten$7,778
30Irmina Boulier$7,394
31Edward Watters$6,596
32Chesapeake Neuropsychology, LLC$5,441
33Jeffrey Schmidlein$5,347
34Remedy Counseling, LLC$5,167
35High Precision Components, Inc.$4,354
36Kinesio Physical Therapy and Sports Rehabilitation, LLC$4,295
37Perform for Life Physical Therapy$3,238
38Performance Physical Therapy, Inc.$2,507
39Back and Neck Care Centers of DRS Friday & Manganelli$2,263
40Karen Engel Thompson$2,248
41Paul Gill$1,945
42Kenilworth Therapeutic Services, Inc.$1,924
43Compassion Counseling, Inc.$1,832
44Kay Standley$1,798
45Stephen Lescht$1,336
46Sourcemd, LLC$1,090
47Joy Teitelbaum$954
48Susan Egelanian$874
49Park Pharmacy, Inc.$729
50Ross Van Antwerp MPH PA Laser Center of Maryland, D.O.$597

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