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Sunday, November 24, 2024

HHS provides $5.5 million to businesses in Punxsutawney under CARES Act

Genbusiness008

Through the fourth quarter of 2020, businesses in Punxsutawney received $5.5 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 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 $211,344 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
1Punxsutawney Area Hospital, Inc.$4,556,524
2Mulberry Square Elder Care and Rehabilitation Center, LLC$468,929
3Family Health Care Center of Punxsutawney, Inc.$177,996
4Clearfield-Jefferson Primary Care Associates, PC$67,800
5Jefferson County EMS, Inc.$52,745
6Gigliotti & Walker, PC, D.M.D.$35,750
7Clearfield Jefferson Head and Neck Surgical Associates, Inc.$35,000
8Khalaf & Khalaf Imaging, LLP$22,592
9Jon Johnston PC, D.M.D.$17,478
10Punxsutawney Medical Services, Inc.$13,187
11Stephen R Griebel, M.D.$11,863
12Jefferson Surgical Associates, PC$6,762
13Healthy Hearts Sleep Center$4,738
14Martin Chambers$4,732
15Nathan C. Stebbins, P. C., O.D.$4,677
16Kenneth K. Fugate$4,026
17RBJ Enterprises, Inc.$1,833
18Ian Casteel$1,784
19Delroy Moore$1,469
20Penn Neuromuscular Diagnostics, LLC$1,156
21Punxsy Hometown Pharmacy, LLC$1,149
22David Gigliotti$1,091
23Cornerstone Chiropractic Center, PC$815
24Doctors Choice Chiropractic Pain Relief and Rehabilitation Center, P.C.$582
25George R Cherian PC, M.D.$156
26Philip Hampton$98

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