Quantcast

Will County Gazette

Friday, March 14, 2025

HHS provides $986,104 to businesses in Crete under CARES Act

Webp genbusiness010

Through the fourth quarter of 2020, businesses in Crete received $986,104 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 $109,567 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
1St. James Wellness Rehab and Villas, LLC$843,235
2American Warriors, Inc.$51,051
3H Todd Cubbon Ltd., D.D.S.$30,680
4Paul A. Veld$27,996
5Independence Physical Therapy, PC$12,468
6Crete TWP Fire Protection District$10,474
7Village of Crete$8,104
8Psycats, PC$1,265
9Steger Estates Volunteer Fire Department$831

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS