Quantcast

Illinois Valley Times

Thursday, July 17, 2025

HHS provides $5.2 million to businesses in Princeton under CARES Act

Webp genbusiness011

Through the fourth quarter of 2020, businesses in Princeton received $5.2 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 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 $237,284 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
1Julia Rackley Perry Memorial Hospital$4,897,357
2Proctor Health Systems$147,535
3Associated Gastroenterology Consultants, Inc.$52,507
4City of Princeton$21,409
5Timothy J. Puhr PC, D.D.S.$19,465
6Laura Krabill Kheshgi LLC, D.M.D.$17,851
7Mullin Memorial Rural Helath Clinic$10,749
8Donald R Marion, OD$8,892
9John Day & Associates, Ltd.$8,863
10Dennis a Farrell Enterprises, Ltd.$6,060
11Princeton Physical Therapy, PC$4,818
12Jon McCutchan$4,222
13Dr. Barbara J.D.C. Swalve Everett$3,968
14North Central Behavioral Health Systems, Inc.$3,274
15Princeton Pharmacy, Inc.$3,064
16Lifefit Physical Rehab, Ltd.$2,185
17Bureau County Health Department$2,002
18Mr & MRS Robert Adler$1,995
19Leslie Lund$1,318
20Jeffrey Martin$1,089
21Lisa M Johnson$972
22Lisa Johnson$648

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