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Mansfield Times

Monday, October 14, 2024

HHS provides $1.5 million to businesses in Shelby under CARES Act

Genbusiness010

Through the fourth quarter of 2020, businesses in Shelby received $1.5 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 Ohio received $3.8 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 The Cleveland Clinic Foundation with a total of $243.2 million. The average loan size in the city was $101,765 while the state's average loan amount was $290,521.

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
1Midland Leasing Company, LLC$809,918
2Shelby Pointe, LLC$297,130
3Midwest Physician Anesthesia Services, Inc.$243,927
4THU Lephan, LLC, D.D.S.$47,987
5Ajay Chawla$36,190
6Marissa L. Miller, Inc., D.D.S.$28,281
7Mid-Ohio Emergency Group, LLC$25,395
8Mid-Ohio Podiatry, Inc.$16,544
9Shelby Primary Care, LLC$8,650
10Virgilio Tongson$8,478
11Mark Hogue$1,745
12Thomas Rinehart$658
13Michelle Bellomy$558
14Omar F S Guimaraes M D Obstetrics and Gynecology, Inc.$518
15City of Shelby$498

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