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Friday, November 22, 2024

HHS provides $386,597 to businesses in Forty Fort under CARES Act

Genbusiness010

Through the fourth quarter of 2020, businesses in Forty Fort received $386,597 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 $27,614 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
1Wilkes Barre Home Care Services, LLC$190,489
2Radu Pacurariu$71,005
3Valley Enterprise, P.C.$52,705
4Carpenter M.M. Dental Charles Carpenter Charles Carpenter Jr.$18,448
5Forty Fort Anesthesia Associates, LLC$16,859
6Laser and Cosmetic Surgeons, PC$12,101
7Forty Fort Dental, LLC$9,752
8Wyoming Valley Chiropractic, Inc.$7,314
9Suzanne Proleika$4,205
10Mary Walters$1,651
11Jeffrey Fremont$1,448
12Alan Petroski$362
13Wyoming Valley Family Chiropractic Center$209
14Jason Smith$49

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