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Sunday, February 23, 2025

HHS provides $1.8 million to businesses in Maywood under CARES Act

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Through the fourth quarter of 2020, businesses in Maywood received $1.8 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 $125,037 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
1Maywood Skilled Nursing & Wellness Centre, LLC$1,601,630
2Tao Trung Nguyen Inc., M.D.$30,041
3Trimica, LLC$28,014
4Shane Medical Office, a Professional Corporation$20,797
5Ardmore Medical Group, Inc.$14,481
6Heru Wiredja, Inc., D.D.S.$13,420
7Terry D. Ahn$12,159
8Maywood Family Medical Center$7,921
9Jose R. Torres Inc., D.D.S.$7,658
10Mojdeh Fatemi a Professional Corporation, D.D.S.$6,299
11Narissa Ambata Inc., D.D.S.$4,660
12Dean Ferdows$2,379
13Maged Basilios Inc., M.D.$592
14Clinica Medica DE LA Caridad Medical Group, Inc.$468

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