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Thursday, October 17, 2024

HHS provides $199,142 to businesses in North Haledon under CARES Act

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Through the fourth quarter of 2020, businesses in North Haledon received $199,142 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 $11,063 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
1High Mountain Eyecare, LLC$104,813
2Wolke Chiropractic & Rehabilitation, PC$30,825
3Maple Eyecare, LLC$26,634
4Thaas Medical, LLC$13,837
5Kathlene Nagy, D.M.D.$6,169
6Innova Counseling and Wellness Center, Inc.$3,803
7Carmen John Occhiuzzi Dc$3,198
8Peggy Prekopa$2,738
9Alan Schreiber$2,396
10Jeffrey Schreiber$1,338
11Anthony Gotay$1,123
12John Fiorello$605
13Gerard Lagos$504
14Barbara Porcelli$461
15Don Digiovine, PH. D., LLC$423
16Heather Bliss$178
17Health and Motion Physical Therapy$49
18Jennifer Smith$48

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