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West Massachusetts News

Thursday, December 26, 2024

HHS provides $48,588 to businesses in South Deerfield under CARES Act

Genbusiness006

Through the fourth quarter of 2020, businesses in South Deerfield received $48,588 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 $5,399 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
1Sugarloaf Dental, PC$33,169
2Town of Deerfield$9,561
3Marjorie Ferrini$1,882
4Paul Pierce$1,140
5Barbara Darthenay$1,104
6Laurie Sugarman-Whittier$871
7Barbara Krolick$554
8Ann Sexauer$247
9Franklin Regional Council of Governments$60

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