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Thursday, November 7, 2024

HHS provides $4.8 million to businesses in South Haven under CARES Act

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Through the fourth quarter of 2020, businesses in South Haven received $4.8 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 Michigan received $3.2 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 Henry Ford Health System with a total of $225.1 million. The average loan size in the city was $403,571 while the state's average loan amount was $235,069.

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
1Bronson South Haven Hospital$4,720,643
2Holland Foot and Ankle Center, PC$40,330
3Blake C Hardin, Inc.$31,016
4South Haven Eyecare Associates$12,361
5South Haven Area Emergency Services Authority$11,644
6Lake Podiatry, PC$11,427
7Max Masters DC, PLLC$7,655
8Oberheu Chiropractic Clinic, PC$5,412
9Vassar Chiropractic and Rehabilitation, PLC$1,110
10Success by Strengths, LLC$450
11Joy Unlimited Counseling Center, PLC$423
12Beyond the Spine Chiropractic & Massage, PLLC$384

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