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Sunday, September 22, 2024

HHS provides $621,187 to businesses in La Porte under CARES Act

Genbusiness011

Through the fourth quarter of 2020, businesses in La Porte received $621,187 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 Indiana received $1.9 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 Reid Hospital & Health Care Services, Inc. with a total of $58.5 million. The average loan size in the city was $36,540 while the state's average loan amount was $352,160.

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
1Centers for Pain Control, Inc.$140,380
2LA Porte County Auditor$106,264
3LA Porte Home Care Services, LLC$102,274
4Options DME, LLC$72,209
5Applegarth Dermatology, PC$66,635
6Podiatric Medical Associates, PC$57,459
7Lincoln Pediatrics$28,006
8Thomas M. Allen$11,493
9Laporte Osteopathic Family Practice$10,997
10Laporte Chiropractic Clinic, Inc.$9,186
11Elizabeth Rassel$6,646
12Dennis L Sommer, OD$3,344
13Charles F Motley, PC$3,121
14Hoback Counseling, LLC$2,061
15Mary Beth Schramlin$551
16Stimley Corporation, Inc.$543
17Debra Leroy$18

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