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Saturday, September 21, 2024

HHS provides $4.9 million to businesses in Chelsea under CARES Act

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Through the fourth quarter of 2020, businesses in Chelsea received $4.9 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 Massachusetts received $3.2 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 General Hospital Corporation with a total of $201.5 million. The average loan size in the city was $187,998 while the state's average loan amount was $298,882.

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
1Eastpointe Rehab Center, LLC$1,337,830
2Chelsea Jewish Green House, Inc.$844,332
3Chelsea Jewish Nursing Home, Inc.$808,884
4Shore Educational Collaborative$436,328
5Soldiers Home in Massachusetts$409,720
6North Suffolk Mental Health Association, Inc.$332,544
7Chelsea Jewish Community, Inc.$302,815
8Jeyasri Gunarajasingam, P. C, D.M.D.$57,625
9Everett Childrens Dental, PC$50,553
10Performance Physical Therapy, Inc.$43,612
11Bellingham Square Family Dental, PC$41,062
12Pediatric Medical Care, Inc.$35,549
13Lang's Dental Center, LLC$25,195
14Admirals Hill Assisted Living Corporation$24,070
15Broadway Family Dental, PC$23,894
16Mystic Dental Studio$19,860
17Chelsea Dental Group, PC$18,328
18Ray Yousry Hanna$17,100
19David E Eisenberg PC, M.D.$13,909
20Chelsea Dental Associates, PC$11,068
21Trans Dental Care, Inc.$10,914
22Chelsea Dental, PC$9,817
23Family Dental Care of Chelsea, LLC$8,833
24Tak-Progressive Health Services, Inc.$2,766
25Chelsea Pharm, Inc.$827
26Ema Physical Therapy & Wellness Center, LLC$504

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