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Burlington Review

Sunday, September 29, 2024

HHS provides $4.7 million to businesses in Willingboro under CARES Act

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Through the fourth quarter of 2020, businesses in Willingboro received $4.7 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 $234,520 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
1Lourdes Specialty Hospital of Southern New Jersey, LLC$1,348,302
2Life Choice Hospice of New Jersey, LLC$1,301,339
3Rancocas Anesthesiology Pa$525,802
4Physicians Unity$452,415
5Burlington County Eye Physicians II PA$213,902
6Surgical Center of Burlington County, Inc.$213,091
7Son Light Pediatrics$162,366
8Crossroads Programs, Inc.$156,162
9Infectious Diseases Associates, PC$128,679
10Willingboro Family Dental, P. A.$81,721
11Warren S. Kurnick, M.D.$68,164
12Willingboro Township$16,802
13Ira Jay Silverman, D.P.M.$10,957
14Kenneth Schulner$5,615
15Paul Gerrish$2,961
16Henry Donnon$902
17Rosa Thornton$637
18Nathji Plus, Inc.$325
19Kinesis Rehabilitation$224
20Clarity Optics, Inc.$25

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