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Saturday, September 7, 2024

HHS provides $3 million to businesses in New Paltz under CARES Act

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Through the fourth quarter of 2020, businesses in New Paltz received $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 $55,718 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.

50 largest PPP loan recipients
RankBusinessDollar Amount Received
1The Institute for Family Health$2,156,331
2Woodland Pond, Inc.$544,099
3Plattekill Dental, PLLC$69,796
4Scott I Morrison Optometry, PC$35,629
5New Paltz Rescue Squad, Inc.$23,799
6Bryan R Kolber, D.P.M.$14,891
7Elinor B Descovich PC, OD$14,823
8Albert P Hirdt PC, D.O.$11,526
9Doree Lipson LCSW, PC$10,609
10Michele Speranza$5,891
11David Ness$5,654
12County Physical Therapy, LLC$5,629
13Empire State Physical Therapy, PC$5,376
14Patricia B Farragher PC, D.P.M.$5,361
15Integral Chiropractic, PC$5,204
16Amy Frisch$4,351
17Ruth Levine$3,004
18Susan Piowaty$2,614
19New Paltz Pharmacy, Inc.$2,328
20Deborah Hutchinson$2,055
21Cynthia Muenz$2,009
22Grant T. Phd$2,000
23Joan Roessler$1,616
24Nightingale Medical, PC$1,407
25Paul Houtkooper$1,379
26Vincent a Justino DC, PC$1,363
27Austin Ryan Optical Corp.$1,113
28Mark Balaban$1,093
29Cecilia Leonardo$1,085
30Steven Murphy$988
31Carolyn Sutton$961
32Ann Dinardo$959
33Smaldone Chiropractic, PLLC$945
34Judith Hakam$865
35Peter Kaplan$831
36Carolyn Boris$800
37Joseph Grable$699
38Vincenza Freeborn$637
39Michael Astor$505
40James Halpern$481
41Natalie Korniloff$472
42Lori Morris$396
43Connections Counseling Psychotherapy LCSW, PLLC$387
44Lori Silas$289
45Tracy Grant$202
46Elaine Ramos$168
47Aileen Walsh$134
48Vicki Koenig$92
48Eva Ottesen$92
50Jemma Schwartz$35

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