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Saturday, November 2, 2024

HHS provides $156,299 to businesses in Sun Lakes under CARES Act

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Through the fourth quarter of 2020, businesses in Sun Lakes received $156,299 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 Arizona received $1.5 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 Banner-University Medical Center Phoenix with a total of $80.6 million. The average loan size in the city was $14,209 while the state's average loan amount was $194,289.

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
1Sun Lakes Family Physicians, LLC$60,243
2South County Fire & Medical District$30,349
3Lakeside Internal Medicine, PLLC$28,033
4Jaffar Elahi MS PC, D.D.S.$14,475
5Southwest Kidney Institute Scottsdale, LLC$8,678
6Sonasmiles, PC$7,537
7Sun Lakes Health Care, PC$6,236
8Plastic and Peripheral Nerve Surgery, LLC$413
9Modern Sports Medicine, LLC$195
10Sun Lakes Fire District$89
11Spooner Sun Lakes, PC$51

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