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Sunday, September 29, 2024

HHS provides $1.8 million to businesses in West Long Branch under CARES Act

Genbusiness008

Through the fourth quarter of 2020, businesses in West Long Branch received $1.8 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 $65,088 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
1Allied Digestive Health, LLC$1,146,459
2Garden State Neurology and Neuro-Oncology, PC$112,456
3Womens Comprehensive Health Care of New Jersey$110,312
4Orsini, Gilson & Miller, P. C., M.D.$61,689
5Christopher G. Pierson, LLC, M.D.$44,012
6Isaacson & Isaacson$42,079
7John T Moran & Zachary S Zemla PA$42,026
8Malek Medical, PC$24,815
9Andrus Physical Therapy, LLC$23,223
10Falivene and Falivene PA, D.D.S.$21,855
11Martin L Weinstock LLC, D.D.S.$20,300
12Joseph Difazio, D.M.D.$17,686
13Smiles on Broadway, PC$14,772
14Stephen a. Chidyllo, M.D.$11,073
15Marvinsherdmdpa$10,623
16DR. Steven Marder, LLC$10,336
17Wyatt Medical, LLC$8,429
18American Foot & Ankle Center PA$8,406
19Prime Endocrinology, LLC$7,188
20Crest West Long Branch Physical Therapy PA$5,379
21Cheryl Nastasio, PC$4,246
22Douglas Goldsmith$4,162
23Kenneth Dicarlo$3,881
24Gregory Bordiuk$964
25Morris Laitman P.A.$544
26Steven Drugs, Inc.$384
27Gregory Locke$73

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