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Union County Review

Thursday, October 17, 2024

HHS provides $2.2 million to businesses in Fanwood under CARES Act

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Through the fourth quarter of 2020, businesses in Fanwood received $2.2 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 $101,147 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
1CMG Chelsea Senior Care, LLC$1,565,310
2Maple Pointe Senior Care, LLC$198,665
3Somerset Gardens Senior Care, LLC$180,120
4Special Needs Residence, LLC$110,819
5Westfield Cardiology, LLC$35,227
6The Fanwood Dental Group$28,353
7Robert A. Apuzzio$17,209
8Mona Patel, LLC, D.M.D.$16,753
9English Chiropractic, LLC$16,625
10Warren E. Kaplan, D.P.M.$14,241
11Moein F. Vaseghi, PA, M.D.$11,472
12Functional Performance Institute, PC$8,108
13Fanwood Family and Cosmetic Dentistry, LLC$5,476
14Pristine Rehabilitation$3,735
15Dipaolo Physical Therapy, PC$3,461
16Eric Chludzinski, PC$2,836
17Babbitt Chiropractic Center$2,419
18Lawrence Bauman PA, D.D.S.$1,834
19Kathryn Parkerton$1,420
20William Martin$479
21Fanwood Eye Care, LLC$450
22Group Healthcare$221

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