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Saturday, September 21, 2024

HHS provides $421,394 to businesses in Cocoa under CARES Act

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Through the fourth quarter of 2020, businesses in Cocoa received $421,394 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 Florida received $4.2 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 South Broward Hospital District with a total of $183.2 million. The average loan size in the city was $16,207 while the state's average loan amount was $152,608.

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
1Five Points Pharmacy of Cocoa, LLC$68,297
2Vinaya Kumar Pa$50,314
3S & B Health Systems$34,301
4Creative Learning, Inc.$32,086
5Cocoa Village Dentistry$29,605
6Empire Specialty Pharmacy, LLC$24,012
7Brad a Bagwell PA, D.M.D.$23,514
8Family Health Center at Port St. John, LLC$20,694
9Craig a Sater PA, D.D.S.$18,911
10J. Dieter Burr, PA, D.M.D.$17,833
11Spacecoast Internal Medicine and Geritric Corporation$17,028
12PSJ Pharmacy$16,514
13Burnham Woods Champa & Associates Counseling & Psychiatric$16,483
14Ricardo Henriques$14,364
15Cocoa Chiropractic Center PA$9,925
16Overcomer's Rehab. & Physical Therapy Services$6,262
17Branko Pejic$4,522
18Hope House United, LLC$3,697
19Visionary Optometry, Inc.$2,696
20Uplift Counseling, LLC$2,300
21Nancy MacKay P.A.$2,135
22Speech Avenues Therapy Co$2,000
23A Counseling Center, Inc.$1,580
24Diana Chaitovitz$1,471
25Paul Lombardi$562
26Gifted Elderly Care, Inc.$288

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