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Sunday, September 29, 2024

HHS provides $426,723 to businesses in Kittery under CARES Act

Genbusiness005

Through the fourth quarter of 2020, businesses in Kittery received $426,723 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 $25,101 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.

All PPP loan recipients
RankBusinessDollar Amount Received
1Cape Medical Supply, Inc.$193,608
2Kittery Ophthalmic Consultants$61,275
3Family Ear, Nose & Throat, LLC$56,296
4Dental Professionals of Maine, P.C.$35,414
5Seacoast Angels, Inc.$31,910
6Richard Stockwell, LLC, D.O.$25,110
7Labrie-Hunt Holdings, LLC$14,406
8Lynda Wright$2,685
9Tracy George, LLC$2,016
10Debra Fredette$1,357
11Richard Lebro$1,025
12George Webber$468
13Joshua Pirini$398
14Kathryn Driscoll$351
15Donna Catalfo$260
16Shona Baum$94
17Joyce Easter$50

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