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Sunday, January 19, 2025

HHS provides $17.8 million to businesses in Montebello under CARES Act

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Through the fourth quarter of 2020, businesses in Montebello received $17.8 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 $152,305 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
1Beverly Community Hospital Association$12,395,616
2Rio Hondo Subacute & Nursing Center$1,279,541
3Montebello Artificial Kidney Center, LLC$605,142
4Eastwestproto, Inc.$444,440
5Modern Concepts Medical Group, Inc.$262,381
6Lavs Access Center, Inc.$253,115
7Summer Breeze Hospice and Palliative Care, Inc.$196,297
8Peritoneal Dialysis Center of America, Inc.$157,043
9L a County Nephrology Associates a Medical Corporation$121,900
10Michael J Marcus, a Professional Corporation, D.P.M.$84,437
1121ST Century Nursing Services, Inc.$75,872
12David K. Moghimi, Inc., D.D.S.$70,934
13Bardi-Pak Dental Corporation$70,079
14M. G. A. Home Health Services, Inc.$68,084
15The Kidney Specialists Medical Corporation$67,614
16Gopal Govindarajan, Inc., M.D.$61,809
17Alliance Anesthesia Associates, Inc.$60,701
18New Age Enterprises$54,113
19Er Home Health, Inc.$50,404
20MTB Adult Day Care, Inc.$49,230
21Americade Health Services, Inc.$47,478
22Latino Kids Health$47,383
23Inmotion Transit, Inc.$46,000
24West Beverly Podiatry Group$42,913
25Philip Minsuk Chang, Inc., D.D.S.$41,430
26Beverlycare$39,947
27Yacoub Medical, Inc.$37,382
28Soraya Acevedo Inc., D.D.S.$37,248
29J. Antonio Alarcon Inc., M.D.$34,816
30Armen Nercessian, D.O.$31,635
31Bao B Yang, M.D.$30,774
32Lotus Blossom Community Services, Inc.$30,658
33Americade Palliative Health Services, Inc.$29,902
34Los Angeles Vascular Services, Inc.$26,998
34Joel E Arroyo a Medical Corporation, M.D.$26,998
36Bay Rehabilitation, Inc.$26,948
37Babak Bakhshian$26,257
38Oh Jae Kwon Dental Corporation$25,811
39Hovhannisyan Tigran$25,329
40Medi-Art Home Health Care, Inc.$24,754
41Monarch Palliative Care, Inc.$24,749
42Hamid R Nadi Inc., D.D.S.$24,399
43Internal Medicine MDS Corporation$23,689
44Shay S. Salehrabi, Inc., D.D.S.$21,793
45Sudha Govindarajan a Professional Corporation, M.D.$20,973
46Jadid Montazeri Dental Corporation, D.D.S.$20,967
47Edgar Toscano$20,573
48Chua & Chuang a Medical Corporation, Inc.$20,058
49Iftikhar a. Khan, Inc., M.D.$20,019
50Montebello Dental Arts$19,540

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