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Monday, May 20, 2024

HHS provides $313,831 to businesses in Fallston under CARES Act

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Through the fourth quarter of 2020, businesses in Fallston received $313,831 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 $18,461 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
1Bel Air Dental Care, LLC$64,941
2Sai Pharma, LLC$63,974
3Frederick W Parker PA, D.D.S.$46,246
4DR. Daniel Stoltze, LLC$36,877
5Icare Transportation Services, LLC$33,927
6Total Enterprise Care, LLC$29,284
7Healthbridge Chiropractic$13,542
8Fallston Volunteer Fire & Ambulance Company, Inc.$9,806
9Mirarchi & Kelly LCSW PA$4,953
10Kilgalen Associates PA$2,641
11Howard Lewis$1,985
12Dipeso Chiropractic Center$1,906
13Upper Crossroads Medical Group$1,232
14Perfecto Valarao$1,216
15Heather Nagel$987
16Kerry Hospelhorn L. Lcsw-C$235
17Wholistic Living, LLC$79

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