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West Montgomery Times

Saturday, November 23, 2024

HHS provides $1.1 million to businesses in Limerick under CARES Act

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Through the fourth quarter of 2020, businesses in Limerick received $1.1 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 $72,303 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
1PMA Medical Specialists, LLC$740,100
2Vanessa M Adolf, D.M.D.$91,182
3Confident Smile Ink.$69,958
4Plastic Surgery Specialists, PC$60,511
5American Dental Excellence$33,705
6Cola & Associates Dermatology, PC$27,976
7Mccormick Chiropractic, PC$14,757
8Braun Physical Therapy, Inc.$13,202
9David R. Pope, D.M.D.$8,204
10Everlasting Eye Care, P.C.$8,060
11Limerick Eye Associates, P.C.$6,397
12Plastic and Reconstructive Surgical Solutions$5,044
13Joseph Baker$4,238
14Connelly Chiropractic, Inc.$882
15Bodymetrix Health and Wellness Services, LLC$330

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