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Burlington Review

Monday, September 30, 2024

HHS provides $6.9 million to businesses in Burlington under CARES Act

Genbusiness007

Through the fourth quarter of 2020, businesses in Burlington received $6.9 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 $203,750 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
1Masonic Charity Foundation of New Jersey$1,594,920
2115 Sunset Road Operations, LLC$1,241,909
3Lutheran Home at Moorestown$1,084,791
4Lutheran Social Ministries at Crane's Mill, Inc.$851,390
5Compassionate Care Hospice of Marlton, LLC$823,232
6The Villa at Florham Park, Inc.$444,833
7The Center for Kidney Care, PC$179,941
8Silver Dental Associates, LLC$102,025
9Fresenius Medical Care Burlington, LLC$94,482
10Jems Pharma, LLC$65,436
11Robert D Levy, PC$61,149
12Inhospital Physicians Corporation of New Jersey, PC$57,681
13Jersey Dental Group, LLC$45,327
14Rajsita2, Inc.$41,884
15Tri-State Visiting Home Physicians$41,087
16Burlington Dental Associates$35,022
17Eye Key Retina Center, PC$28,339
18Endeavor Emergency Squad, Inc.$26,639
19Sunset Road Medical Association PA$19,958
20Anthony J. Cordisco, D.P.M.$16,475
21Vital Medical Care, LLC$14,074
22Springfield Rehabilitation Associates, LLC$8,233
23My Family Pharmacy, Inc.$7,453
24Andrew Blank$7,295
25Christopher Zupsic$7,037
26Steven Lorynski$6,892
27Amazing Grace Dental, LLC$6,149
28James Galgano$5,453
29Stephen Matlaga$2,241
30Lance Brown$1,960
31Spine Pain Rehab, LLC$1,613
32Dorothea Neuber$1,315
33Robin Wiley$1,005
34Eickhoff Burlington Associates, LLC$256

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