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Santa Cruz Standard

Tuesday, October 8, 2024

HHS provides $555,257 to businesses in Rancho Palos Verdes under CARES Act

Genbusiness008

Through the fourth quarter of 2020, businesses in Rancho Palos Verdes received $555,257 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 California received $8.6 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 County of Los Angeles with a total of $315.4 million. The average loan size in the city was $15,424 while the state's average loan amount was $175,782.

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
1The Salvation Army$83,905
2Baker and Khorsand Dental Corporation$69,552
3Giri Palaniswamy Inc., D.D.S.$62,140
4Westmont Optometry, Inc.$61,076
5Redondo Orthopedic Physical Therapy$45,247
6Ben Zandpour Inc., M.D.$33,518
7Ramez Ghaly$23,610
8Karen Wrubel$21,645
9Johnny Wen H. Phd Psychology Corporation$20,083
10Professional Foot and Ankle Center, Inc.$17,126
11Ocean Front Urgent Care, P.C$15,566
12Palos Verdes Rehabilitation Clinic, Inc.$14,645
13Leonard W. Liang, a Medical Corporation, M.D.$12,411
14Fritz Baumgartner$12,259
15Frank Mario Antonio Vidjak$10,193
16Patriot Physical Therapy, Inc.$8,842
17Azita Tabassian Chiropractic, Inc.$7,721
18Sushila J. Agrawal, Inc., M.D.$7,387
19Madhu Berman$6,709
20Marina Sports Physical Therapy, P.C.$6,627
21Fanny Yacaman$2,909
22Advanced Pain Treatment and Diagnostics Medical Group, Inc.$2,329
23Tammy Ichinotsubo Ezzi$1,859
24Roderick P Ramos PA-C, Inc.$1,710
25Pid Associates Medical Group, Inc.$1,690
26Hossein Najafi$996
27Vandana Sheth$638
28Golden Cove Pharmacy and Medical Supply, Inc.$562
29Ann Christensen$555
30Tim G Ursich Chiropratic, Inc.$507
31Recovery Now Licensed Clinical Social Work, Inc.$478
32David Chi$298
33Hind Bennani$234
34Nature Health Chiro, Inc.$183
35Jean Cigliano$35
36Mansoureh Barahemi$12

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