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Sunday, September 22, 2024

HHS provides $560,225 to businesses in Monaca under CARES Act

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Through the fourth quarter of 2020, businesses in Monaca received $560,225 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 Pennsylvania received $4.5 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 Temple University Hospital, Inc. with a total of $166.8 million. The average loan size in the city was $29,486 while the state's average loan amount was $292,417.

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
1Brighton Radiology Associates, PC$258,275
2Kety, Inc.$65,694
3Mother Teresa Hospice, Inc.$50,887
4Progressive Home Health, Inc.$49,876
5Michael F. Dragonjac LLC, D.M.D.$27,538
6Richard a Covatto, D.M.D.$19,915
7Psychology & Learning Center, Inc.$17,626
83544 Brodhead Road$16,990
9Pain Control Center of Pittsburgh, Inc.$14,249
10Tri-State Pulmonary Medical Practice$10,967
11Donna L Iannone LLC, D.M.D.$8,767
12Troia Eye & Laser, PC$6,488
13Barry Brevik Orthopedic Rehabilitation$6,157
14Cinzia Newman$3,349
15Express Med Pharmaceuticals, Inc.$1,677
16Sisk Chiropractic PC, Inc.$888
17Haczela Chiropractic Center, P.C.$757
18Robert Williams$80
19Michael Sisk$45

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