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SLO Reporter

Wednesday, October 9, 2024

HHS provides $129,643 to businesses in Nipomo under CARES Act

Genbusiness011

Through the fourth quarter of 2020, businesses in Nipomo received $129,643 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 $9,260 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
1Pacific Holistic Dental, Inc.$63,554
2Ken P. Optometry Corp$17,172
3Wilshire Connected Care$12,987
4Ben Palmer a Professional Optometric Corporation, OD$10,926
5Arthritis Medical Center of the Central Coast a Medical Corporation$5,723
6Thomas Vincent$5,016
7Barry S Feldman Inc., M.D.$4,353
8Janet Gaussoin$3,597
9Wendy Meier$3,175
10Daniel Vincent$2,187
11Nipomo Pharmacy, Inc.$457
12Laurie Reifsnyder$332
13Steven Aronie$143
14Thomas H Vincent, D.P.M.$21

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