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Saturday, September 21, 2024

HHS provides $180,325 to businesses in Satellite Beach under CARES Act

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Through the fourth quarter of 2020, businesses in Satellite Beach received $180,325 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 $12,022 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
1Satellite Family Dentistry, P. A.$52,710
2Care Advantage, LLC$25,025
3Two Rivers Family Practice, PLLC$20,102
4Comprehensive Ear Nose Throat Allergy Sinus, LLC$19,724
5Craig Kara PA, D.M.D.$16,124
6Merrill a Grant PA, D.M.D.$11,174
7Arthur Horn$7,949
8Two Rivers Hearing$7,664
9Brevard Dental Care, PLLC$7,578
10Sujata S. Balulad$5,228
11Caroliese Schmidt PA, M.D.$2,836
12Louise Peters$1,844
13Regenerative Spine and Body Clinic$1,447
14Wayne Stein$521
15Florida Fall Prevention and Rehabilitation, LLC$399

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