In the year since the federal Paycheck Protection Loan program rolled out, Alamance County businesses have received more than $263 million in funding to help support their enterprises during the COVID-19 pandemic.
You can look up this kind of intriguing data and more at the Times-News special data page with a range of information from air quality numbers to vaccine trackers to hospital ratings or even how much gun lobby money is spent trying to get certain politicians elected. Check it out at data.thetimesnews.com.
In an effort to show taxpayers where their money went, the Times-News has spent the last few weeks sharing data about PPP loan recipients, how much PPP money was funneled into the local economy, what cities were most assisted by the funding, and which industries have been supported by this funding.
In our final week of this series, we are examining home healthcare services that received PPP funding.
Fifteen home healthcare service providers in Alamance County received PPP funding during the COVID-19 pandemic. The top five recipients in this industry were:
- ZZ Home Care LLC: $318,400
- Touched By Angels Home Healthcare II: $210,000
- MediSolutions Inc.: $145,769
- Alvarados Family Care Home Inc.: $22,500
- Byron White: $20,833
The Paycheck Protection Program, which is overseen by the federal Small Business Administration, has been a lifeline for many businesses hurt by the coronavirus pandemic. It was established last year by the CARES Act to provide funding for businesses that spent loans mostly on payrolls. In January, the program was reopened for a new round of funding and allowed some businesses to get additional loans.
The PPP program closed to new applications on May 29, two days early because of demand that exhausted funding.
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Elizabeth Pattman is the trending topics reporter for the Times-News in Burlington, covering business, COVID-19 and all things trending. Contact Elizabeth (she/her) at epattman@gannett.com. I'm also available on social media @EPattmanTN on Twitter or @burlingtontimesnews on Instagram.
