April 17, 2020
From Congressman Tom Reed:
Today, Rep. Tom Reed announced that Jones Memorial and St. James Mercy hospitals both received critical funding from the Paycheck Protection Program needed to continue providing vital services to the community.
PPP Funding
• $4.5 million awarded to Jones Memorial
• $3.4 million awarded to St. James Mercy
Since the initiative was announced, Tom has worked closely with businesses across the state to assist with program applications. After some initial difficulties, Tom coordinated with St. James and Jones Memorial to ensure they had the information and guidance needed to secure federal aid.
“I care about healthcare providers having the financial resources they require to serve our local communities in this time of need. It is only fair that the federal government would allocate funds to two institutions whose workforces are on the front-lines fighting to keep families safe and healthy,” Tom Reed said.
St. James president and chief executive officer Bryan O’Donovan noted, “the approval of this funding has significantly reduced my financial concern in terms of short term organizational viability. Due to this funding, I have been able to shift the focus from finances to providing 100% of my time to supporting my frontline workforce and caring for our patients.”
“The SBA PPP loan has enabled Jones Memorial Hospital to retain our most valuable resource, our employees. This funding is assuring our staff is present and prepared to care for our community today and as we move forward towards our ‘new’ normal when we systematically opening services at Jones Memorial locations. We are grateful for the support of our community and our elected officials in so many ways,” stated Jones Memorial president and chief executive officer Eva Benedict.
The Paycheck Protection Program, which is administered by the Small Business Administration, provides loans to businesses to support their workforces and met payroll obligations.
Tom and his team stand ready to answer any questions and help businesses as they navigate federal relief programs. The team can be contacted through any of the following offices or at this link here.
Corning
Phone: (607) 654-7566
Geneva
Phone: (315) 759-5229
Jamestown
Phone: (716) 708-6369
Olean
Phone: (716) 379-8434
