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Sunday, September 22, 2024

HHS provides $1.3 million to businesses in Potomac under CARES Act

Genbusiness008

Through the fourth quarter of 2020, businesses in Potomac 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 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 $25,057 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.

50 largest PPP loan recipients
RankBusinessDollar Amount Received
1National Capital Foot & Ankle Center, PC$198,301
2Asthma & Allergy Center, LLC$189,959
3New York Center for Infants & Toddlers$186,440
4Sleep Services of Maryland, LLC$100,865
5S. Sadhasivam Faap PA, M.D.$82,721
6Jatinder S Sekhon, P. C., M.D.$54,136
7Bethesda Pediatrics Pa$53,748
8Mehdy B. Rad PC, D.M.D.$34,935
9Donald V Liang PA, D.D.S.$31,896
10Ahmad Soolari, PC, D.M.D.$27,844
11Serenity Gardens Assisted Living, LLC$25,579
12Samuel R Galitzer PA, D.P.M.$23,900
13Hausner Cardiology Center, LLC$23,228
14Tamami, LLC, D.D.S.$22,302
15Ramesh K Thapar PA, M.D.$22,028
16Potomac Eye Surgeons Pa$20,532
17Nova Children's Dentistry, PLLC$19,654
18Richard Chang$19,096
19Potomac Physical Therapy and Sports Medicine, LLC$18,124
20Familt Dental Care, PC$17,933
21Gomez Alie Dental, LLC$16,859
22Family Immediate Care, LLC$15,154
23Steven N. Rice, D.D.S.$13,546
24Sara Amini Zand PC, D.D.S.$11,647
25Best Dental, M.D.$10,998
26DRS Adelson & Ginsberg$10,296
27Potomac Advanced Medical Care$10,235
28A Patrick Flynn, D.M.D.$8,721
29Pristine Smiles, LLC$7,413
30Metro Maryland Anesthesia, LLC$6,258
31BW Imaging, Inc.$5,216
32Victory Communication Services, LLC$5,183
33Puja Agarwal PC, D.D.S.$4,149
34Gerald H. Fink, P. A., M.D.$3,675
35First Clinic, LLC$3,360
36Just for Your Smile Dental Clinic of Potomac$3,130
37Bahar Javadi$2,556
38Myra Framm$2,547
39Xinhong Qiu$2,150
40Am Physical Therapy$1,886
41Joyce Kramer LCSW, LLC$1,782
42Ellen M Miller Lcsw-C, LLC$1,300
43Better Vision Center$1,076
44Harriet Breslow$1,022
45Linda Berg-Cross$979
46Charles Olsen$850
47Diann Onsted$805
48Susan Cooper$804
49Gertrude Summers$492
50Peggy Heller$473

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