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Friday, November 22, 2024

HHS provides $432,819 to businesses in New London under CARES Act

Genbusiness005

Through the fourth quarter of 2020, businesses in New London received $432,819 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 Wisconsin received $1.5 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 Aurora Health Care Metro, Inc. with a total of $64 million. The average loan size in the city was $39,347 while the state's average loan amount was $283,863.

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
1St. Joseph Residence, Inc.$361,984
2Griebenow Eyecare Sc$36,953
3Loberg Dental Clinic$18,230
4Rawhide, Inc.$5,023
5County of Waupaca$2,206
6Maiman Chiropractic Center, LLC$2,042
7Warren Witkowski$1,908
8Brian L Van Hoozen School, D.O.$1,562
9Shaun Dorothy$1,104
10Wolf River Eye Care, LLC$1,012
11TRI County Chiropractic School$795

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