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Cape Cod Ledger

Friday, November 1, 2024

HHS provides $281,780 to businesses in Vineyard Haven under CARES Act

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Through the fourth quarter of 2020, businesses in Vineyard Haven received $281,780 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 $12,808 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
1Robert Herman$57,360
2Marthas Vineyard Community Services, Inc.$36,799
3Allergy and Asthma Center of Cape Cod$31,333
4Mvmedshop, Inc.$27,000
5Michelle McCrumb$21,167
6David Finkelstein & Ryan Shea Od LLC, OD$18,848
7Vineyard Medical Care, LLC$15,690
8Paradise Dental Group$15,416
9John Curelli$13,452
10Town of Tisbury$7,083
11Michael Michotek$6,506
12George A. Santos$6,036
13Joseph Maranchie$4,393
14Jane Dreeben$3,690
15Slavin Chiropractic$3,317
16Jean Hay$2,971
17Jamieson Decubellis$2,680
18Susan Norton$2,450
19Steven Katz$2,376
20Lesley Segal$1,350
21Catherine Keller$942
22Terry F. Kriedman, M.D.$921

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