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Rockland Reporter

Saturday, November 16, 2024

HHS provides $20 million to businesses in Spring Valley under CARES Act

Genbusiness008

Through the fourth quarter of 2020, businesses in Spring Valley received $20 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 York State received $11.9 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 New York City Health and Hospitals Corporation with a total of $1.2 billion. The average loan size in the city was $289,476 while the state's average loan amount was $368,700.

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.

50 largest PPP loan recipients
RankBusinessDollar Amount Received
1VDRNC, LLC$3,083,789
2Bridgewater Center for Rehabilitation & Nursing, LLC$2,150,049
3NCRNC, LLC$1,982,872
4ECRNC, LLC$1,559,110
5CCRNC, LLC$1,380,844
6JBRNC, LLC$1,207,182
7VRNC, LLC$1,143,522
8Pine Valley Center, LLC$1,132,873
9CPRNC, LLC$1,020,472
10CSRNC, LLC$783,159
11CRNC, LLC$763,669
12BTRNC, LLC$690,276
13ORNC, LLC$677,592
14RSRNC, LLC$551,102
15RRNC, LLC$526,985
16Elite Services NY, Inc.$261,914
17On-Site Psychological Services, PC$198,836
18Medequipped, LLC$70,211
19QHC Upstate Medical, PC$67,950
20Eckerson Drugs, Inc.$66,159
21Zemm Medical, LLC$56,427
22Vikram Shah$49,102
23TPPV, LLC$48,130
24KJ Medical Practice, PC$45,438
25Kindsmiles Dental, PC$40,194
26Spring Hill Comm Ambulance Co$40,011
27Spring Valley Dental Care, PC$35,393
28Bridge Dental Care, PLLC$33,180
29New Hempstead Pediatrics, PC$29,906
30Zalman S Lewis LLC, D.D.S.$27,862
31Jacob N. Praff$26,538
32B & B Limo Service, LLC$25,280
33Garbus Podiatry, P.C.$24,606
34Neville E Walker PC, D.O.$23,945
35Mechadesh Mental Health Services, Inc.$16,719
36Balm of Gilead Medical Office, PC$15,452
37Stuart Birnbaum$14,505
38Stephen Oswald DC, PC$13,652
39Allied Dental Care$11,163
40Amardesh, Inc.$10,019
41FHL Dental Care/juan B Espaillat D.D.S., PC$9,142
42Safe Dentistry, PC$8,296
43Advanced Rockland Chiropractic Offices, PC$8,037
44Chandrashekhar Ardesana$6,059
45Diana Matta$5,786
46Bracha Ollech$5,000
47Michel Antoine$3,968
48Spring Valley Chiropractic, P.C.$3,703
49Dental ART of NY, PC$3,366
50Gerald Karnow$3,333

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