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On December 27, 2020, former President Trump signed the Consolidated Appropriations Act, 2021 (H.R. 133) (the “Consolidated Appropriations Act”), an appropriations and stimulus package that includes changes to the Public Health and Social Services Emergency Fund (“Provider Relief Fund”). The Consolidated Appropriations Act revises recipients’ reporting obligations and provides additional funding for future distributions.
The Provider Relief Fund was originally created through $175 billion in appropriations designated by the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) and the Paycheck Protection Program and Health Care Enhancement Act to reimburse providers for healthcare-related expenses and lost revenue attributable to COVID-19 (as discussed in previous client alerts). The U.S. Department of Health and Human Services (“HHS”), which manages the fund, has mainly dispersed payments
[1] with respect to the Paycheck Protection Program (
Economic Aid
Act)) of Division N of the Consolidated Appropriations Act, 2021. The PPP was originally enacted under the Coronavirus Aid, Relief, and Economic Security Act (as amended, supplemented or otherwise modified from time to time prior to the enactment of the Economic Aid Act, including by the Paycheck Protection Program and Health Care Enhancement Act, the Paycheck Protection Program Flexibility Act, applicable federal regulations and interpretive guidance issued by the SBA and Treasury, the
CARES Act).
First Draw PPP Loan), while expanding the authorized uses for PPP loan proceeds and increasing flexibility to obtain loan forgiveness. The Economic Aid Act also permits an eligible business that received a First Draw PPP Loan to apply for a second draw of PPP loan proceeds (a
Small Business Disaster Assistance - Market Business News marketbusinessnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketbusinessnews.com Daily Mail and Mail on Sunday newspapers.
Atlantic Hub News Briefs, Jan. 13
Trinity Rehab, an all-inclusive physical therapy and rehabilitation center providing treatment for patients of all ages, walks of life and fitness levels, has opened its newest location in Shrewsbury Plaza, 1130 Broad St. (Route 35), Shrewsbury. The facility will be led by Trinity Rehab director Brendan Gallagher, a doctor of physical therapy for the last decade.
Trinity Rehab combines state-of-the-art technology and a teamwork-oriented, customized treatment plan designed to provide patient-centric treatments for neck and back pain, sports related injuries, post-operative rehab, auto or work accidents, arthritis and other common injuries and conditions. Trinity Rehab participates with Medicare and most commercial insurances. For more information, visit Trinity-Rehab.com or call 800-518-0977.
Monmouth County News Briefs, Jan. 13
Before Revolution: Pre-War Tremors in Monmouth County” on Jan. 21 at 7 p.m. in a virtual
presentation presented by the Monmouth County Historical Association and co-sponsored by the Monmouth County Library.
Adelberg’s presentation is part of the library’s Historically Speaking: A Virtual Lecture Series and will be conducted on Zoom.
Registration and internet access are required to attend, and registration is available at the library’s Upcoming Events list at www.MonmouthCountyLib.org or @MonCoLibrary. Information on how to access the lecture will be emailed after registration.
Adelberg’s research has been recognized by the New Jersey Historical Commission, the New Jersey Studies Academic Alliance and the David Library of the American Revolution, according to a press release. Among his novels is “The Razing of Tinton Falls,” published in 2011.