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Sunday, October 6, 2024

HHS provides $471,161 to businesses in Lake Geneva under CARES Act

Genbusiness005

Through the fourth quarter of 2020, businesses in Lake Geneva received $471,161 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 $20,485 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
1Youngquist Kennedy Orthodontics, Ltd.$115,650
2Lake Geneva Oral & Maxillofacial Surgery, Ltd.$111,511
3Lake Geneva Assisted Living Operating Company$52,260
4Braden Dental Center S. C.$37,707
5R. Andrew Kokodynski School, D.D.S.$29,192
6Palmer Road, LLC$28,698
7Boulevard Manor$19,055
8Lauras Home, LLC$14,867
9City of Lake Geneva$13,196
10Lakes Area Physical Therapy, LLC$10,980
11Family Eye Care of Lake Geneva S. C.$7,041
12E. Bruns Foot & Ankle, School$6,382
13Raymond R Copeland, D.D.S.$6,061
14Lake Geneva Wellness Clinic, LLC$5,481
15Kaiser Chiropractic Sc$3,139
16Lake Geneva Chiropractic Partners$2,704
17CJR Partners, LLC$2,602
18Craig Luebke$1,547
19Tamara L. Evans$1,009
20Christina L. Dame$918
21Town of Linn$723
22Advanced Eyecare & Contact Lens Center, LLC$425
23Bee Happy Therapy, LLC$13

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