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Sunday, November 24, 2024

HHS provides $16.5 million to businesses in Freeport under CARES Act

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Through the fourth quarter of 2020, businesses in Freeport received $16.5 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 $499,235 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
1Freeport Memorial Hospital$13,581,092
2Freeport Regional Health Care Foundation$864,716
3County of Stephenson$759,602
4Pearl Pavilion, LLC$645,404
5Lehan Drugs, Inc.$148,581
6Quad City Prosthetic, Inc.$64,864
7Northwest Eyecare, PC$62,790
8Jane Addams, Inc.$60,878
9Tri-State Home Healthcare, LLC$55,167
10Freeport Assisted Living, LLC$50,329
11Heritage Woods of Freeport Limited Partn$47,933
12City of Freeport$30,107
13Lyle S. Chad Reedy$13,990
14Thomas Hartog$13,469
15Dale R Schmid, PC, D.D.S.$12,210
16David Low Back Center DC$11,973
17Kenneth L Eichholz JR. PC, D.D.S.$9,799
18Reinhardt P Awender PC, D.D.S.$8,069
19Freeport Optometric Center, P C$7,687
20Advanced Dermatology Clinic, Inc.$6,015
21Hulsebus and Gehlsen Chiropractic$5,069
22KCP Enterprises, LLC$3,535
23Northern Illinois Podiatry, PC$2,533
24Martha Wolf$2,076
25Grunewald Chiropractic Clinic, Ltd.$1,875
26Freeport Family Chiropractic & Acupuncture, Inc.$1,206
27Jeffrey Dannatt, Ltd.$935
28Allies in Health School$808
29Awender Audiology in-Home Hearing Healthcare School$613
30Lori Kintzel$488
31Amy Riehle$465
32Mary A. Ostendorf$384
33Kathleen Kruse$101

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