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Key West Reporter

Friday, November 22, 2024

HHS provides $219,802 to businesses in Key Largo under CARES Act

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Through the fourth quarter of 2020, businesses in Key Largo received $219,802 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 Florida received $4.2 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 South Broward Hospital District with a total of $183.2 million. The average loan size in the city was $11,569 while the state's average loan amount was $152,608.

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
1Atlantic Sportcare, Inc.$55,402
2The Medical Center at Ocean Reef$34,949
3Agapemd, LLC$29,254
4Florida Keys Orthopedic and Sports Medicine Center, Inc.$22,530
5Joanne F Mahoney PA, M.D.$17,859
6Kenneth E Grossman PA, D.D.S.$14,157
7Key Largo Volunteer Amublance Corps, Inc.$9,280
8A1-Urgent Care & Family Practice Center Key Largo, PA$7,053
9James J. Boilini$5,921
10Miami Center of Excellence, LLC$5,852
11Tranquility Bay Adult Day Care Corporation$5,831
12Ocean Reef Volunteer Fire Department, Inc.$5,162
13Keys Counseling, LLC$3,222
14Harmony Healing Center, Inc.$1,075
15Katherine Gong$804
16Lu Elaine Johnson Chiropractor, Inc.$651
17Seaside Chiropractic, Inc.$527
18David F. Coppola, DC & Associates, Inc.$250
19Alejandro Arias$23

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