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Sunday, January 12, 2025

HHS provides $395,269 to businesses in Little Falls under CARES Act

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Through the fourth quarter of 2020, businesses in Little Falls received $395,269 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 $14,117 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
1Visiting Therapy Services, LLC$73,737
2Little Falls Family Dental Pa$56,939
3Shahmehdi Dental Associates PA$42,373
4Roy T. Orthodontics$35,714
5Nancy Lentine, PA, D.O.$26,108
6Sylvia Coscia$25,293
7Louis Gambetta$21,571
8Joseph Farnese$19,502
9Sonia Giordano, LLC, D.M.D.$17,888
10Seema Nerurkar, P. C., D.D.S.$16,141
11David Dalessandro PA, OD$11,239
12Township of Little Falls$10,462
13Jeffrey Farnese$9,383
14Alan Shier$6,776
15Paragon Physical Therapy, LLC$6,241
16Progressive Hand Rehab, LLC$2,574
17Paralkar Dentistry, LLC$2,479
18Hemsey Chiropractic Center$2,064
19Core Chiropractic, LLC$1,916
20Richard Bodnarchuk$1,735
21Michael Fensom$1,606
22Niccollai Medical Practice$1,239
23Little Falls Shop Rite, Inc.$730
24Kyle R. Eopechino, LLC.$628
25Little Falls Physical Therapy Center, LLC$436
26Edward Catalano, DC, LLC$390
27Carol Johnson$62
28Immedihealth & Wellness Center$43

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