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Suffolk Reporter

Sunday, September 22, 2024

HHS provides $59,368 to businesses in Sag Harbor under CARES Act

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Through the fourth quarter of 2020, businesses in Sag Harbor received $59,368 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 $5,397 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.

All PPP loan recipients
RankBusinessDollar Amount Received
1John F French JR., PC, D.M.D.$26,056
2John Oppenheimer, PLLC, M.D.$12,992
3Hamptons Physical Therapy, PC$5,548
4Stephen Petruccelli$3,646
5Martin Obler$2,622
6Susan Penny$2,593
7Jane Frith$2,025
8Advanced Occupational Therapy Services, P.C.$1,731
9Mary Keller$1,254
10Suzanne Kirby$697
11Ellen Ruby$204

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