Quantcast

Cumberland Valley News

Saturday, September 21, 2024

HHS provides $167,346 to businesses in New Cumberland under CARES Act

Genbusiness003

Through the fourth quarter of 2020, businesses in New Cumberland received $167,346 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 $23,907 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
1Minium Kearns and Lamb Orthodontists, LLP$74,356
2Susquehanna Dental West, LLC$38,910
3Andrew D Gould LLC, D.M.D.$22,800
4Treichler Sports & Family Chiropractic, Inc.$16,378
5Fairview Township Emergency Medical Services Corporation$7,346
6Family Physician Associates, Inc.$5,959
7Marcia Delafield$1,597

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS