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Saturday, September 28, 2024

HHS provides $7.3 million to businesses in South Pasadena under CARES Act

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Through the fourth quarter of 2020, businesses in South Pasadena received $7.3 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 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 $130,614 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
1City of Hope Medical Foundation$6,153,919
2Citrus Valley Anesthesia Medical Group$223,856
3Retina Eye Specialists Professional Corporation$91,226
4Goei Professional Dental Corporation$82,802
5Pai-Jen Chen Dental Corporation$69,859
6Peter S Joe, PC., D.D.S.$67,084
7Jennifer Chen Inc., D.D.S.$65,364
8Raas, Inc.$61,629
9Kimberley Wu Inc., D.M.D.$51,938
10Paul H. Chiu, Inc., M.D.$46,634
11Baj Management, Inc.$40,912
12South Pasadena Optometric Group, Inc.$33,878
13Arkady Tsibel Inc., D.D.S.$32,206
14Sunwoong Choi, M.D., Dental Corporation, D.D.S.$30,010
15Joseph J. Hsiou, Inc., D.D.S.$24,701
16Cheung MS & Jeong D.D.S. MS Inc., D.D.S.$23,351
17Kent W. Wilson, Inc., D.D.S.$20,539
18Annie a Barseghian Inc., M.D.$19,612
19Kenneth K. Chan, APC, D.D.S.$17,006
20Karla L Guinn, Inc., D.D.S.$16,734
21Cozby Physical Therapy and Consulting$15,943
22Edwin Matias, a Professional Corporation, M.D.$12,569
23Hripsime Shirvanian, Optometry, Inc., O.D.$12,468
24Janette Cabalinan S.A. Prof Dental Corp$11,325
25ATP Physical Therapy, PC$8,792
26Sean Tsai Professional Corporation, D.O.$7,299
27City of South Pasadena$7,271
28Vincent Katow$6,658
29Lev G Gertsik Inc., M.D.$5,082
30Frederick R. Harris, O.D.$4,818
31Candy K Chan, PHD, M.D.$4,594
32TMH Psychotherapy Corporation$4,506
33Marc a Samson Inc., M.D.$4,337
34Bernard J Pallares Inc., D.D.S.$4,271
35James MacCuish$4,255
36Vincent J TSO, D.M.D.$3,959
37Catherine Smith$3,514
38Language to Learning, Inc.$3,432
39Carolyn Lamb$2,662
40Cynthia Kodama, Inc.$2,392
41Lisa P Uribe Inc., M.D.$2,085
42Robert Parsons$1,554
43James P. Pappas, D.D.S.$1,247
44Gary Vitullo$1,104
45Absolute Care Medical Group, Inc.$909
46Alex P. Pappas, D.D.S.$820
47Burgess Psychological, Inc.$778
48Drew Pinsky$665
49Mark C. Tinley$569
50Reena R Patel Inc., M.D.$460

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