Principals of SBJ’s most recent investment, Pontiac General Hospital, (“PGH”) serves as a case study for its plan moving forward. PGH was losing approximately $8.5MM a year when the SBJ principals got involved as DIP lenders during its Chapter 11 bankruptcy in 2015. On May 1, 2016 SBJ principals’ Plan of Reorganization was put into effect and they took over as owner-operators. By 2017, less than one year later, PGH was profitable and growing rapidly. Within the next 5 years, PGH is expected to achieve a yearly EBITDA of $10MM. In addition to the core financial metrics, the principals of SBJ have paid back over 66% of the debt carried forward post bankruptcy, provided over 1,000 jobs to an urban area that has seen dramatic decline over the last 2 decades, and have more than doubled PGH’s educational imprint by adding more ACGME accredited residencies and starting clinical rotation and observer ship programs from scratch.