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Sunday, November 24, 2024

HHS provides $1.6 million to businesses in Painesville under CARES Act

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Through the fourth quarter of 2020, businesses in Painesville received $1.6 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 Ohio received $3.8 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 Cleveland Clinic Foundation with a total of $243.2 million. The average loan size in the city was $67,332 while the state's average loan amount was $290,521.

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
1Homestead I Healthcare Group, LLC$491,794
2Homestead II Healthcare Group, LLC$314,233
3May Azem Inc., M.D.$171,854
4Atrium Medical Group, Inc.$170,472
5Ice Ophthalmology, LLC$95,842
6Eastside Enterprise Specialists, Inc.$81,812
7G & G International, LLC$78,384
8Family Eye Care, Inc.$41,755
9Mentor Anesthesia, LLC$31,816
10Lake Heart Center, LLC$21,495
11Smith Vein Institute, LLC$17,761
12Podiatry Associates of Lake County, Inc.$17,574
13Vein Clinics of Lake County, LLC$14,686
14Sean F Curran, D.D.S.$13,014
15William D Nelson, D.D.S.$12,111
16Painesville Township Board of Trustees$11,443
17City of Painesville Ohio Department$10,011
18Jeanine Peters$8,419
19Paul Hanahan$7,078
20Cherie Lechner-Lunato$1,878
21Leroy Township Fire Department$1,319
22M P Patel Inc., M.D.$896
23John H Paul M D, Inc.$288
24Gail a Fedak Inc., OD$26

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