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Santa Cruz Standard

Tuesday, October 8, 2024

HHS provides $1.3 million to businesses in Redondo Beach under CARES Act

Genbusiness011

Through the fourth quarter of 2020, businesses in Redondo Beach received $1.3 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 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 $15,453 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.

50 largest PPP loan recipients
RankBusinessDollar Amount Received
1Beach District Surgery Center, L. P.$168,770
2Riviera Allergy Medical Center$84,000
3Goodlife Physical Medicine$76,933
4Aarchan Joshi Inc., M.D.$74,116
5Michael T Fulbright, Inc., D.D.S.$60,177
6National-Pharm, Inc.$52,180
7Timothy J. Hoopes$38,527
8Ocean Medical Family and Urgent Care Medical Corporation, Inc.$35,828
9Eugene Allen, Inc., M.D.$33,716
10Michael Z Hopkins PC, D.D.S.$33,472
11Soma Medical Group$33,234
12Fred J. Kim, Inc., D.D.S.$30,218
13Trotter and Givins, a Dental Corporation$28,800
14Zbes 125281, LLC$28,714
15Andrea Pinnick Gamble, Inc., D.D.S.$28,253
16John F Gebhard a Professional Corporation, M.D.$26,967
17Hands on Home Health$26,802
182363 Foothill, LLC$26,261
19Gregory Shvartsman Dental Corporation, D.D.S.$23,598
20Riviera Village Optometry, PC$21,718
21William Phillips, Inc., D.D.S.$20,473
22Christine K. Lee$20,108
23Ankur Mohindra, Inc., D.D.S.$20,000
24Riviera Sports Physical Therapy, Inc.$19,272
25Amir Sanjabi Dental Corporation$18,968
26Krulac Medical, Inc.$17,659
27Positive Energy Physical Therapy, Inc.$16,258
28Christina M. Varwig, D.D.S.$16,121
29Juan C Frisancho Inc., M.D.$13,847
30J. E. Arce Inc., D.D.S.$13,313
31Canyon Verde School, Inc.$13,058
32Ramon Lopez Physical Therapy, Inc.$13,008
33Bernard Ullman$12,225
34Pro-Health Physical Therapy, Inc.$10,847
35James a Nguyen a Dental Corporation, D.D.S.$10,661
36Sitaraman Jyotheeswaran FRCP a Medical Corporation, M.D.$10,048
37Exhale Physical Therapy, Inc.$9,262
38South Bay Children's Health Center Association, Inc.$8,697
39Ramin Abdollahi Inc., D.D.S.$7,900
40Lori Chaib$7,528
41George J. Rederich, Inc., M.D.$7,453
42Ocean Point Physical Therapy, Inc.$6,723
43Pacific Surgical Institute Medical Corporation$6,674
44Ursula V. Parducho Dental Corporation Inc., D.D.S.$6,552
45Robert B Hosseini Inc., M.D.$6,497
46Sanford S Davidson a Medical Corporation, M.D.$5,778
47Shari Carroll, P. C., D.M.D.$5,565
48City of Hermosa Beach$5,498
49Louise Connolly$5,406
50Maria Amparo Romano Inc., D.D.S.$5,331

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