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Wednesday, October 16, 2024

HHS provides $7.2 million to businesses in Milford under CARES Act

Genbusiness010

Through the fourth quarter of 2020, businesses in Milford received $7.2 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 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 $233,398 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
1Practice Associates Medical Group$6,362,012
2Milford Valley Convalescent Home, Inc.$562,283
3Noor a Shamim, D.M.D.$79,975
4Neurologic ARTS Associated, LLC$45,670
5Michael Bernstein$31,683
6Hackettstown Radiology Associates$17,697
7Donna M Coppola, PC, D.M.D.$15,525
8Orange Nephrology, P.C.$14,424
9West Orange Medical Associates, PC$14,414
10Sussex Foot and Ankle Specialists$13,869
11Family Smile Center, Inc.$12,925
12Kathleen G. Burns$12,030
13John Fischer PC, OD$10,356
14Thomas Hartey$6,557
15Tri-State Orthopedics$5,386
16Milford Fire Department$4,371
17Daniel Wolff$4,288
18Pocono Medical Care, Inc.$4,001
19Mark Zaleski$3,600
20Jean Wiedholz-Szczesny$3,163
21Michael Newmark$1,812
22Dingman Township Volunteer Fire Department, Inc.$1,657
23Donna Marie Piazza Lcsw$1,614
24Lisa Haggerty$1,308
25DR. Michael Wright, LCSW, LLC$1,078
26Milford Internal Medicine Associates, PC$1,051
27Thomas Jeffers$974
28Advanced Chiropractic of Milford$882
29The Dickson Apothecary, LLC$336
30Milford Counseling and Consultation, LLC$256
31David Scarisbrick$148

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