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Tuesday, September 24, 2024

HHS provides $1.1 million to businesses in North Bethesda under CARES Act

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Through the fourth quarter of 2020, businesses in North Bethesda received $1.1 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 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 $45,530 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
1HCP Bethesda Opco LLC, M.D.$432,712
2Windrush Behavioral Health, LLC$312,917
3Comprehensive Integrated Dentistry, LLC$67,604
4Capital Center for Functional Medicine, LLC$42,035
5Orthocare Solutions, Inc.$36,148
6Faulkner Plastic Surgery, LLC$35,473
7All Smiles Bethesda, LLC$32,920
8Advanced Dermatology & Cosmetic Center, LLC$25,714
9Venkat N. Reddy LLC, D.D.S.$22,031
10Maryland Wellness and Recovery, LLC$14,299
11Jane Brodsky MS, D.M.D.$12,350
12Parmjit S Aujla PC, M.D.$10,280
13Massoud Talaie, RPT., Inc.$10,179
14Lidya Daniella Perez Simon PC, D.M.D.$7,218
15Friedman Forman & Associates PC, M.D.$6,522
16Ivelisse Cuevas$5,981
17Be Rehab, LLC$5,163
18Issa Physical Therapy, Inc.$3,352
19Judy H. OH, D.D.S.$3,097
20Luxury Home Care$2,734
21Rebecca Ashery$1,532
22Rudolph Savage$1,530
23James J Flood DC, PC$804
24Joseph Michaels V LLC, M.D.$124

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