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Sunday, September 29, 2024

HHS provides $7.1 million to businesses in Manalapan under CARES Act

Genbusiness005

Through the fourth quarter of 2020, businesses in Manalapan received $7.1 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 New Jersey received $4.3 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 HMH Hospitals Corporation with a total of $401.2 million. The average loan size in the city was $62,157 while the state's average loan amount was $261,158.

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.

50 largest PPP loan recipients
RankBusinessDollar Amount Received
1Sunny Days Early Childhood Developmental Services, Inc.$957,641
2Riverdale Nursing Home, Inc.$955,134
3Eastern Pines, LLC$853,804
4229 Bath Avenue, Inc.$751,683
5EGG Harbor Care Center, LLC$704,647
6First Class Physical Therapy, PC$459,138
7Monmouth Retina Consultants, Inc.$376,408
8I Care Transportation, LLC$294,773
9Marc Cohen, D.P.M.$216,903
10Patricia C Mccormack PC, M.D.$164,735
11First Class Physical Therapy NJ, PC$116,083
12Brighter Smiles Family Dental Pa$106,839
13Spare Pair III, Inc.$78,046
14Doctor Silman Smile Spa, PC$57,199
15Specialized Dentistry of New Jersey, LLC$38,913
16Gary Becker$37,009
17Karas Dental Associates P. A$36,818
18Omni Dental Associates, P C$33,389
19Alan Schechter$32,651
20Adult and Geriatric Medicine, PC$30,088
21Monmouth Rehab Professionals, Inc.$28,732
22Douglas a Block PC, D.D.S.$28,670
23Ramin Bahram Manalapan PA, D.M.D.$27,003
24Western Monmouth Emergency Medical Services, Inc.$26,420
25Advanced Eye Professionals, LLC$23,285
26Robert Josephberg$22,877
27Medex Transportation, Inc.$22,562
28DRS Zunger and James, LLP$22,004
29George L Thaler, D.P.M.$20,544
30Robert J Conti LLC, D.M.D.$20,240
31Professional Sports & Orthopaedic Rehabilitation Associates, LLC$19,516
32Coastal Therapy, LLC$19,459
33Helping Hands Rehabilitation, LLC$18,993
34Sandro Frangella PC, D.D.S.$18,233
35Kopylenko PC, D.P.M.$18,022
36Md4kidz Pediatric Group P. A.$17,132
37ABC Neurology, LLC$16,476
38Taylors Mills Family Medical, PC$16,290
39Dr. Charles Spatz$16,222
40Jay M Cutler, M.D.$15,722
41Atrium Diagnostic Imaging, LLC$15,358
42Tovba Care Medical, PC$15,130
43A Step Up Podiatry, LLC$14,490
44Academy Pediatrics, PA$14,203
45VSN Dental, PC$12,820
46DB Orthopedic Physical Therapy of Manalapan, LLC$12,544
47Manalapan Foot and Ankle, LLC$12,482
48Central Jersey Infectious Diseases, PC$11,925
49Thomas F. Friscia$11,610
50Manalapan Spine Care and Rehabilitation$11,564

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