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Saturday, November 2, 2024

HHS provides $1.6 million to businesses in Newtown under CARES Act

Genbusiness010

Through the fourth quarter of 2020, businesses in Newtown received $1.6 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 Connecticut received $1.5 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 Hartford Hospital with a total of $98.3 million. The average loan size in the city was $47,789 while the state's average loan amount was $267,289.

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
1Athena Newtown CT, LLC$1,055,925
2Nguyen Eye Care, LLC$84,852
3Vein & Wellness Institute of New England, Inc.$64,183
4Peter Licht & Jennifer Holloway M.D. LLC, M.D.$60,806
5Diamond Dental, LLC$45,687
6Newtown Smile Dentistry$29,599
7Community Health Associates, LLC$29,266
8The Newtown Ambulance Association, Inc.$27,482
9Newtown Center Pediatrics$23,686
10Church Hill Physical Therapy, Inc.$21,929
11Caring Dental Group, LLC$19,989
12Dennis B Teeking, D.M.D.$19,895
13Hop Brook Counseling Center, LLC$18,998
14Auerbach Pediatrics$17,280
15Eye Care of Danbury, LLC$13,332
16Jeffrey P Friedman, M.D.$11,038
17Newtown Comprehensive Foot Care, LLC$9,146
18Kumkum S Modwel$6,468
19Jeannie Pasacreta$3,427
20DR Della M Schmid, PLLC$2,690
21Jennifer Thompson$1,833
22Cheryl Schwartz$1,729
23Newtown Chiropractic Health Center, Inc.$1,694
24Natalie Hoeffel$1,650
25Catherine J. Roche$1,364
26Theresa McMorrow$761
27Curt Riebeling$709
28Heloise Millner$554
29Eugene Cayer$326
30John Popowich$280
31Heather Mazarakos$192
32Adult & Pediatric Counseling Specialists, PLLC$128
33Michael Hungerman$126

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