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Wednesday, November 6, 2024

HHS provides $943,148 to businesses in Bunnell under CARES Act

Genbusiness006

Through the fourth quarter of 2020, businesses in Bunnell received $943,148 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 Florida received $4.2 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 South Broward Hospital District with a total of $183.2 million. The average loan size in the city was $94,315 while the state's average loan amount was $152,608.

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
1MF Flagler, LLC$858,270
2Kashyap Patel PA, M.D.$27,373
3Flagler County Public Schools$14,834
4Infinity Home Health Care of Florida, Inc.$14,607
5Physical Therapy Professionals & Associates, Inc.$11,847
6Sandford H.D.O.P.A. Kinne III$7,611
7Starace Total Balance Physical Therapy Pa$2,923
8Bengno Ramirez$2,166
9Patrick Reed Dc Pa$2,005
10Palm Coast Chiropractic Center, JTA, Inc.$1,512

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