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SLO Reporter

Wednesday, October 9, 2024

HHS provides $272,928 to businesses in Morro Bay under CARES Act

Genbusiness008

Through the fourth quarter of 2020, businesses in Morro Bay received $272,928 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 $12,997 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
1Options Family of Services$131,105
2FWTW, Inc.$20,726
3Ratchford Dental Practice, Inc.$20,638
4Jeff Eidelman$16,212
5Ryan Garcia, D.D.S.$14,219
6Garry Kolb$12,941
7Tiffany Tyler Smart$10,851
8James Breedlove$10,575
9John M Watson Chiropractic, Inc.$8,384
10Nadine L. Norris$7,767
11Lisa Gleason Inc., M.D.$6,925
12Robin Lewis$3,741
13Robert Becker$2,070
14Mark Monnin$1,668
15Kristi Ross$1,349
16Edward Bischof$1,196
17Ariyan Corporation$1,032
18Mark a Ward Inc., M.D.$872
19Sarah Robles Lmft$329
20Lisa Salopek$301
21Nadine Norris$27

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