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Crawford Times

Friday, November 22, 2024

HHS provides $5.6 million to businesses in Titusville under CARES Act

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Through the fourth quarter of 2020, businesses in Titusville received $5.6 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 $397,007 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
1Titusville Area Hospital$4,535,193
2Guardian Elder Care at Titusville, LLC$538,572
3Rural Physicians Group Pannu, PLLC$282,957
4PA Liberty St. Emergency Physicians, LLC$83,732
5Meadville Diagnostic Medical Imaging, Inc.$52,768
6Titusville Dental ARTS, PC$21,817
7Timothy S Brooks, D.P.M.$12,836
8F a Padin Ltd., M.D.$10,788
9Middleton Chiropractic, Inc.$10,002
10William Sonnenberg$5,713
11Brunot Chiropractic, P.C.$2,815
12Karl E Streilein Optometry, PC$666
13Sloandale Enterprises$213
14Bonnie Gross$30

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