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Bridgeport Times

Sunday, September 22, 2024

HHS provides $1 million to businesses in Seymour under CARES Act

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Through the fourth quarter of 2020, businesses in Seymour received $1 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 $85,016 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
1Shady Knoll Health Center, Inc.$850,500
2Seybridge Pharmacy., Inc.$109,068
3Nagesh D Shrestha LLC, D.D.S.$15,821
4Seymour Ambulance Association, Inc.$14,692
5Deepa Sankar, LLC$11,819
6Thomas S Park LLC, D.D.S.$10,439
7Seymour Optometric Center, LLC$4,800
8Bruce Vinokur$968
9Kate Williams$953
10Kathleen O'Donnell$612
11Naugatuck Valley Health District$333
12John Signoriello$185

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