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Saturday, November 23, 2024

HHS provides $273,500 to businesses in Skillman under CARES Act

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Through the fourth quarter of 2020, businesses in Skillman received $273,500 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 $13,024 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
1Princeton Allergy & Asthma Associates, PA$109,182
2Lin Meng Inc., D.M.D.$58,369
3Central Jersey Anesthesia Associates, LLC$30,475
4Kurt Stuebben$13,385
5Ramzy Psychiatric Group, L.L.C.$10,615
6James Cally LLC, D.M.D.$10,454
7James Altomare, P. A., D.D.S.$10,396
8Princeton Integrated Healthcare$7,476
9Skillman Cardiothoracic Surgery, LLC$6,979
10Ambient Physical Therapy, PC$4,469
11Frank T Chang PA, D.M.D.$4,030
12Alexandra Kuzman$1,493
13Carleen a. Thum D. C., P.C.$1,338
14Jersey Forensic Consulting, LLC$1,200
15Montgomery Eye Care, P. A.$1,151
16Allen Blasucci$1,000
17Ann Cosgrove$521
18Jeanne Cantrell$404
19Barbra Martin$280
20Linda Gresack$277
21Regional Psychiatric Group, PA$6

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