We investigate numerically the effects of surface tension on the evolution of an initially circular blob of viscous fluid in a Hele-Shaw cell. The blob is surrounded by less viscous fluid and is drawn into an eccentric point sink. In the absence of surface tension, these flows are known to form cusp singularities in finite time. Our study focuses on identifying how these cusped flows are regularized by the presence of small surface tension, and what the limiting form of the regularization is as surface tension tends to zero. The two-phase Hele-Shaw flow, known as the Muskat problem, is considered. We find that, for nonzero surface tension, the motion continues beyond the zero-surface-tension cusp time, and generically breaks down only when the interface touches the sink. When the viscosity of the surrounding fluid is small or negligible, the interface develops a finger that bulges and later evolves into a wedge as it approaches the sink. A neck is formed at the top of the finger. Our computations reveal an asymptotic shape of the wedge in the limit as surface tension tends to zero. Moreover, we find evidence that, for a fixed time past the zero-surface-tension cusp time, the vanishing surface tension solution is singular at the finger neck. The zero-surface-tension cusp splits into two corner singularities in the limiting solution. Larger viscosity in the exterior fluid prevents the formation of the neck and leads to the development of thinner fingers. It is observed that the asymptotic wedge angle of the fingers decreases as the viscosity ratio is reduced, apparently towards the zero angle ͑cusp͒ of the zero-viscosity-ratio solution.