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Providence Reporter

Wednesday, October 9, 2024

HHS provides $2 million to businesses in North Smithfield under CARES Act

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Through the fourth quarter of 2020, businesses in North Smithfield received $2 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 Rhode Island received $373.5 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 Rhode Island Hospital with a total of $111.6 million. The average loan size in the city was $78,481 while the state's average loan amount was $238,352.

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
1Saint Antoine Residence$1,583,539
2The Frassati Residence$83,680
3Stepka Family Dental, Inc.$59,589
4The Orthotic and Prosthetic Centers, LLC$56,167
5Sunny Smile Group I, LLC$52,648
6Livewell Dental, LLC$36,069
7Duquette Family Eye Care, Inc.$31,311
8Orthotic and Prosthetic Center of Boston, LLC$22,799
9Park Square Urgent Care, Inc.$20,461
10Nestor Physical Therapy, LLC$12,427
11Marcotte Physical Therapy, Inc.$12,368
12North Smithfield Fire/rescue Service, Inc.$12,195
13Ronald Romano$10,688
14Rhode Island Physical Therapy and Sports Medicine, Inc.$8,983
15Muldowney Physical Therapy, Inc.$6,786
16John Solomon$5,731
17North Smithfield Podiatry, Inc.$5,677
18North Smithfield Urgent Care, LLC$4,786
19Michael Luke$3,884
20DRS Dubois & Dubois, Ltd.$3,246
21Michael R Heru Ltd., M.D.$2,455
22Susan M Donahue DC, Ltd.$1,804
23Daniel Becker$1,513
24Matrix Sports Medicine & Physical Therapy, Inc.$766
25Compassionate Care, Inc.$560
26Lee Tomas$379

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