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Friday, November 22, 2024

HHS provides $872,796 to businesses in Mountain Top under CARES Act

Genbusiness007

Through the fourth quarter of 2020, businesses in Mountain Top received $872,796 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 $51,341 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
1Guardian Elder Care at Mountain Top I, LLC$751,911
2Thomas J Biscotti LLC, D.M.D.$32,884
3Janusz Wolanin$31,752
4Internal Medicine Partners$16,564
5Mountaintp Community Ambulance$11,927
6Irene Lucas$6,484
7Makos Chiropractic Professional Limited Liability Company$4,377
8Nilesh Baxi$4,271
9Richard Ottaviani$2,825
10Mountaintop Chiropractic, Inc.$2,612
11William Tomalinas$2,111
12Madisean$1,626
13Mary Ann Brislin$1,598
14Nancy Copeland$802
15Crestwood Pharmacy, LLC$527
16Baab Opticians, Inc.$287
17Triangle Pharmacy of Wilkes Barres PA$238

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