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Saturday, November 23, 2024

HHS provides $1.3 million to businesses in Endicott under CARES Act

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Through the fourth quarter of 2020, businesses in Endicott received $1.3 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 New York State received $11.9 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 New York City Health and Hospitals Corporation with a total of $1.2 billion. The average loan size in the city was $53,607 while the state's average loan amount was $368,700.

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
1Ideal Senior Living Center, Inc.$1,120,040
2Ideal Senior Living Center Housing Corporation$65,504
3The Smile Designers$44,022
4Mario G. Silvestri, PC, D.P.M.$13,443
5New Horizon Eyewear, LLC$11,366
6Binghamton Podiatry, PC$8,416
7Albert Wolkoff, P. C., M.D.$5,603
8Samaritan Counseling Center of the Southern Tier, Inc.$4,637
9Elizabeth Jane Weber$3,675
10Chirosport and Spine, LLC$1,933
11Mark B Cantales Licensed Clinical Social Worker, PC$1,604
12Susan Connelly$1,238
13Michael Colella$1,170
14Endwell Chiropractic, PLLC$1,140
15Michael Lister$886
16Kathy Ferro Weiss$607
17Suzanne Griffith$526
18Sasha D Fassett Licensed Clinical Social Worker, PC$233
19North Endicott Chiropractic, PC$128
20Associates in Oral and Maxillofacial, Surgery$119
20Colella Corner Drug Store, Inc.$119
22Jennifer Dovin$100
23Esther McGurrin$48
24Neurosciences Healthcare Medicine, PC$7

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