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Scranton Reporter

Saturday, September 21, 2024

HHS provides $783,855 to businesses in Moosic under CARES Act

Genbusiness011

Through the fourth quarter of 2020, businesses in Moosic received $783,855 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 $78,386 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
1Ethical Factor RX, LLC$652,678
2American Infusion Services, Inc.$36,418
3IN Home Personal Care Services, Inc.$24,439
4John G. Kuna Psyd & Associates, LLC$17,610
5Bruno Plastic Surgery, PC$14,449
6Allcare Home Health, Inc.$13,754
7John F. Erhard II$7,965
8Golden Care Foot and Ankle Surgery$7,752
9Northeast Foot & Ankle Associates, LLC.$7,461
10Aaron Center, Inc.$1,329

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