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Friday, November 22, 2024

HHS provides $14.1 million to businesses in South Portland under CARES Act

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Through the fourth quarter of 2020, businesses in South Portland received $14.1 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 Maine received $489.3 million 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 Mainehealth with a total of $94.8 million. The average loan size in the city was $185,861 while the state's average loan amount was $242,474.

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
1VNA Home Health & Hospice$2,129,844
2Intermed Pa$1,969,657
3Seaside Healthcare, LLC$935,508
4New England Life Care, Inc.$929,801
5Ross Manor Associates$854,654
6Seal Rock Associates, LLC$719,771
7Dover-Foxcroft Healthcare, LLC$584,652
8Freeport Convalescent Center, Inc.$575,414
9Falmouth Convalescent Center, Inc.$507,246
10Seaport Village Skilled Nursing Center, LLC$467,744
11SHC, LLC$444,303
12Marshall Healthcare$413,052
13Serenity Residential Care$405,440
14Dexter Manor Associates$358,045
15South Portland Nursing Home, Inc.$346,381
16Woodlawn Nursing Home, Inc.$311,994
17Rousseau Enterprises, LLC$303,773
18Plastic & Hand Surgical Associates$288,101
19Home Care Specialists, Inc.$240,153
20Katahdin Health Care, LLC$234,053
21Oral & Maxillofacial Surgery Associates, P. A.$187,908
22Chest Medicine Associates, PA$118,032
23Long Creek Dental, LLC$106,489
24Ah INN Associates, LLC$89,429
25Corey & Then PA$85,206
26Fore River Urology, LLC$77,719
27Day One$72,316
28Ev Bloomington Limited Partnership$53,231
29Progressive Dental Care, Inc.$45,546
30Cape Cottage Family Dental$27,788
31Freeport Place, LLC$24,767
32City of South Portland$23,681
33Washington Place, LLC$21,460
34Mark E Elkinson PA, OD$20,166
35Cindy Asbjornsen LLC, D.O.$18,514
36Gf Dental Pa$16,207
37Port Resources$16,084
38Fox Family Dental$14,138
39Advanced Clinical Eyecare of Maine$11,747
40Southern Maine Physical Therapy Pa$9,191
41Advanced Clinical Eye Care of Southern Maine, P.C.$8,351
42Harbor View Eye Care, LLC$7,202
43Roger R. Gagnon$7,150
44Gary Smart$4,885
45Malcolm R. Williams$4,804
46Easter Seals Maine, Inc.$4,675
47Maine Osteopathic Medicine$3,890
48Careall, PC$3,766
49Corecover, LLC$3,747
50Lynch Chiropractic ARTS Center, LLC$2,921

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