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Saturday, November 23, 2024

HHS provides $571,787 to businesses in Northborough under CARES Act

Genbusiness006

Through the fourth quarter of 2020, businesses in Northborough received $571,787 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 Massachusetts received $3.2 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 The General Hospital Corporation with a total of $201.5 million. The average loan size in the city was $23,824 while the state's average loan amount was $298,882.

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
1Grangers Nursing Home, Inc.$322,809
2Children's Dentistry of Northborough$40,852
3Northborough Family Dental, PC$30,736
4Richard V Montilla PC, M.D.$26,733
5Angela D. Hunt, PC, M.D.$23,915
6Flaherty Physical Therapy, Inc.$22,179
7Jkgb Corp$21,528
8Coleman House, Ltd.$19,466
9Hardy Physical Therapy$18,764
10Town of Northborough$13,479
11Elizabeth Nasser$6,361
12Saqib N Qureshi PC, M.D.$5,622
13Acorn Health Services, PC$3,737
14Mary An Moyer$3,648
15Nowell Neuropsychological Services, Inc.$2,838
16Catherine P. Campbell Licsw$1,900
17Liliana Hoyos-Murray$1,854
18James Lynch$1,786
19Christy Clark$1,152
20Michael Gareau$1,114
21Fiona Roy Sullivan$547
22Brenda Homefield-Rosenzweig$385
23Barbara Lord$224
24Clara Kim$158

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