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Sunday, November 24, 2024

HHS provides $2.1 million to businesses in Pontiac under CARES Act

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Through the fourth quarter of 2020, businesses in Pontiac received $2.1 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 Illinois received $5.2 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 Advocate Health and Hospitals Corporation with a total of $316 million. The average loan size in the city was $125,200 while the state's average loan amount was $335,543.

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
1Accolade Healthcare of Pontiac, LLC$610,140
2Evenglow Lodge$535,009
3Good Samaritan Pontiac$498,493
4Germane Nephrology Associates$174,111
5Pontiac Family Eye Care, LLC$68,130
6Pontiac Supportive Living$53,927
7Futures Unlimited, Inc.$50,480
8Fairbury Vision Center, LLC$47,853
9Duffy-Baier-Snedecor Ambulance Service, LLC$33,893
10Pro Podiatry, LLC$22,017
11Institute for Human Resources of Livingston County, IL$15,452
12John W. Rinker$10,425
13Livingston County Chiropractic Center, Ltd.$5,308
14Livingston County$1,945
15Myofascial Release Therapy, LLC$714
16Douglas R. Watson$485
17Whole Body Medical Wellness, Ltd.$20

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