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Monday, November 25, 2024

HHS provides $8.6 million to businesses in West Covina under CARES Act

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Through the fourth quarter of 2020, businesses in West Covina received $8.6 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 $49,965 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
1East Valley Community Heath Center, Inc.$738,675
2West Covina Medical Center, Inc.$644,758
3Agent West Covina, LLC$623,770
4Emanate Health Hospice$421,744
5Vascular Interventional Partners, Inc.$405,907
6Clara Baldwin Stocker Home for Women$336,955
7Centrelake Medical Group, Inc.$329,451
8Fariborz Rodef Inc., D.D.S.$208,893
9California Eye Specialists Medical Group, Inc.$201,077
10Mayflower Medical Group, Inc.$173,032
11Global Integrated Medical Group, Inc.$170,748
123360 Magnolia Ave, Inc.$157,222
13San Gabriel Valley Perinatal Medical Group$140,530
14Smartclinic$132,444
15Queen's Dialysis Unit, Inc.$127,117
16Rodef Dental Corp$107,090
17Sheldon M. Golden Optometric Corporation, O.D.$105,982
18F. Rodef & Moadel Dental Corporation$98,374
19Global Mobile Medical Alliances, Inc.$92,301
20E Nikjoo Inc., D.D.S.$90,340
21Alsa Home Health Care, Inc.$89,809
22Brian J. Leberthon, a Medical, M.D.$87,085
23Dr. Roger L. Wu$86,903
24Tanchoco Children and Adolescent Clinic$83,648
25Yousefi Rodef & Yaghoubi Dental Corporation$79,675
26Sima Khavaran, D.D.S.$77,568
27S M Bhatt Inc., D.D.S.$74,477
28Shinning Care Corporation$71,720
29Accuvision Optometry, Inc.$70,638
30Star Health Medical, PC$70,555
31Quality Care Home Health Specialist, Inc.$69,274
32Howard Liang a Professional Corporation, D.D.S.$68,842
33Samimi Orthopedic Group, Inc.$65,597
34Vital Hospice Care, Inc.$59,266
35So Cal Regenerative Medical Clinics, Inc.$57,919
36DSP Home Health, Inc.$55,992
37Robins, horwitz Inc., Kouz, Inc., Inc.$55,710
38Anil Gupta Inc., M.D.$55,226
39Bac H Nguyen, M.D.$54,211
40Internal Medicine & Pulmonary Medical Associates$53,648
41Highmark Home Health, Inc.$52,509
42San Gabriel Valley Oral & Facial Surgery$51,767
43Elizabeth R. Baylon, Inc., D.M.D.$50,204
44David J Fuerst Inc., M.D.$49,693
45Covina Valley Urologic Medical Group, Inc.$48,570
46City of West Covina$45,376
47Joseph L Lin Inc., M.D.$45,064
48Sunset Dental Professionals$43,894
49Jonathan J Tye a Professional Corporation, M.D.$40,639
50Foothill Care Center II, LLC$40,058

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