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Union County Review

Thursday, October 17, 2024

HHS provides $927,075 to businesses in Kenilworth under CARES Act

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Through the fourth quarter of 2020, businesses in Kenilworth received $927,075 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 $66,220 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
1RDX Bioscience, Inc.$556,313
2Nna-Saint Barnabas, L.L.C.$144,339
3Innovative Foot and Ankle$105,803
4Union County Nephrology Associates$26,428
5David Klugman, PA, D.M.D.$26,305
6Kindness Counts Therapy$23,786
7Maruti Drugs, Inc.$16,761
8Kenilworth Primary Care, LLC$11,353
9Adam Green S. Pt$5,712
10East Coast Rehabilitation Services, LLC$4,057
11Guard Well Medical Transportation, LLC$3,938
12Ahmad Kazemi PA, M.D.$1,237
13Frank Caldwell$666
14Lois Fiore$377

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