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Sunday, September 29, 2024

HHS provides $550,025 to businesses in Sea Girt under CARES Act

Genbusiness006

Through the fourth quarter of 2020, businesses in Sea Girt received $550,025 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 $17,188 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.

All PPP loan recipients
RankBusinessDollar Amount Received
1Gregory Manzullo$220,267
2John L Little, P. A., D.D.S.$89,606
3Emerald Eyes, Inc.$49,489
4Jersey Shore Podiatric Associates$34,561
5Tarun Shah$21,326
6Elegant Smiles of Sea Girt, LLC$15,825
7Robert Demartin, M.D.$15,587
8Shore Endodontics of Sea Girt, Inc.$14,902
9Gregory Cunningham$12,451
10Coastal Spine and Rehabilitation Center, LLC$11,263
11Ac Chiropractic, Inc.$9,691
12Fitness in Therapy, Inc.$8,672
13Studio 2020 Vision Care$7,524
14Seaview Medical Associates, LLC$7,408
15Francis Rienzo$5,231
16Jeffrey Kargman$3,270
17Sandra Sessa$2,845
18Optometric Physicians of Sea Girt, LLC$2,740
19Boss of Floss, Inc.$2,691
20Lisa M Pupa, PHD., LLC$2,645
21Shorevax, LLC$2,595
22Victor Kong Orthodontics, D.D.S.$2,272
23Mary B Rower, RN, LCSW, LLC$1,777
24Kenneth Bauer$1,543
25140 Main Street Corporation$1,470
26David a. Pupa, LCSW, LLC$1,132
27Cornerstone Speech and Language$440
28EMC Counseling$424
29Barbara Chas$179
30Be Well Counseling and Life Coach Services, LLC$177
31Asimena Charalambidis$19
32Christopher Sayers$3

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