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Tuesday, November 26, 2024

HHS provides $270,625 to businesses in Malibu under CARES Act

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Through the fourth quarter of 2020, businesses in Malibu received $270,625 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 $14,243 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
1Hundal Medical Corporation$72,460
2Er Physicians Medical Group, Inc.$30,068
3Scott Campbell Physical Therapy$22,490
4Beaton Orthopedic Physical Therapy$20,864
5Kelsey Pietro$19,108
6Colony Care Partners$18,463
7Marie Matheson-Lehman$14,829
8Southern California Outpatient Anesthesia Medical Group, Inc.$14,541
9Jeff Harris a Medical Corporation, M.D.$11,170
10Samuel a. Seelig a Professional Corporation, M.D.$10,943
11Primary Caring of Malibu Medical Group$8,327
12Laurene Moise$6,235
13Malibu Rehabilitation Center, Inc.$5,470
14Malibu Medical Corporation$5,236
15Jessica Risk, PT, Inc.$3,729
16Stuart a Lerner Inc., M.D.$3,614
17Polly Badt$2,658
18Ivone Umar Ghazaleh$278
19Taber Chinn$142

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