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Friday, October 18, 2024

HHS provides $883,419 to businesses in Oakton under CARES Act

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Through the fourth quarter of 2020, businesses in Oakton received $883,419 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 Virginia received $1.7 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 Inova Health Care Services with a total of $187.5 million. The average loan size in the city was $46,496 while the state's average loan amount was $198,948.

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
1Capital Area Pediatrics, Inc.$465,729
2Virginia Square Smiles, LLC$67,872
3JPD Dental, LLC$49,745
4Family Chiropractic Center of Oakton, PC$48,563
5Michael K. Chung PC, D.D.S.$30,553
6PRS, Inc.$30,056
7Associates in Eyecare Oakton$28,820
8Khalil & Giordano, PC$24,707
9Aline Dental Associates, PC$22,621
10Northern Virginia Nephrology Associates$20,597
11Niloofar Mofakhami, PLLC, D.D.S.$17,093
12Oakton Dental Center, PLLC$16,733
13Alexandria Dental Group, LLC$14,536
14Aram Afsahi PC, D.D.S.$13,545
15Top Dental Practice$10,849
16Psychological and Life Skills Associates, PC$8,357
17Merrifield Family Dental, LLC$7,725
18Xiaolan ZHU, PLLC$4,988
19Elizabeth Jacobs$330

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