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Nassau Standard

Wednesday, December 25, 2024

HHS provides $338,538 to businesses in Old Westbury under CARES Act

Genbusiness010

Through the fourth quarter of 2020, businesses in Old Westbury received $338,538 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 $21,159 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
1Prospect Heights Cardiology, PLLC$87,790
2New York Institute of Technology$62,111
3SRI Gastroenterology, PC$43,268
4Sanjiv Bansal$35,860
5Niaz Medical Services, P.C.$31,310
6Leon Nitkin, M.D.$15,189
7Todd Cohen$12,080
8Ai Medical Urgent Care, PLLC$12,066
9Jalal Fatehi LLC, D.D.S.$11,302
10A&a Physicians, PC$9,323
11Aid Physician, PC$6,110
12Marie Oppedissano$4,299
13New Hyde Park Gastroenterology, PC$3,410
14Nadia Habib$2,849
15Marc a Brenner PLLC, D.P.M.$1,146
16Burton Sultan$425

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