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Thursday, November 7, 2024

HHS provides $304,347 to businesses in Fredonia under CARES Act

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Through the fourth quarter of 2020, businesses in Fredonia received $304,347 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 $19,022 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
1Family Orthodontics, PC$74,805
2John Jou & THY a Bui, D.M.D., PC, D.M.D.$59,164
3Fredonia Pediatric and Adolescent Dentistry, PLLC$32,485
4Ronald Johnson Dba Underwood Manor$24,000
5J & E Medical Specialties, P.C.$19,275
6Fredonia Physical Therapy, PLLC$18,264
7Joe I Askar, M.D.$13,816
8Steven Ihrig, OD$13,490
9Women's Christian Association$11,711
10Axis Neurosurgery and Spine of WNY, PLLC$10,538
11Suki, Inc.$9,734
12Russell J. Dipalma, PC., D.D.S.$8,557
13Village of Fredonia$6,678
14Ggg61 Corp$778
15David P Vona, LLC, D.P.M.$651
16Margo Slaughter$401

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