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Sunday, November 24, 2024

HHS provides $154,094 to businesses in Godfrey under CARES Act

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Through the fourth quarter of 2020, businesses in Godfrey received $154,094 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 $15,409 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
1Clinical Research Associates, PC$96,730
2James E. Merkle, D.M.D.$10,505
3Danny Joe Younger, P. C., D.M.D.$10,498
4Optimal Health Medicine, LLC$9,768
5Stephanie M Monroe D. C., P.C.$9,708
6Woulfe Chiropractic, P.C.$7,000
7Mary J Swengvosh Burt Sheltered Care$6,363
8Rose Optical, Inc.$2,342
9Calm Waters Counseling & Resource Center, Inc.$989
10Beverly Farm Foundation$191

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