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Thursday, November 7, 2024

HHS provides $6.2 million to businesses in Denison under CARES Act

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Through the fourth quarter of 2020, businesses in Denison received $6.2 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 Iowa received $1.1 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 State University of Iowa with a total of $62.3 million. The average loan size in the city was $311,474 while the state's average loan amount was $293,046.

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
1Crawford County Memorial Hospital$4,584,425
2Eventide$602,111
3Premier Estates 503, LLC$299,824
4Retina Consultants of the Midlands, PC$266,006
5Wesco Industries$124,327
6Vision Care Clinic, PC$121,777
7Broadway Dental, LLP$71,163
8Ida Grove Family Health Center, PLLC$32,526
9Silveridge an Eventide Community, LLC$28,990
10County of Crawford$28,143
1132 & YOU, PC$20,749
12Lambert Family and Sports Chiropractic, P.C.$17,051
13Family Eye Care, PC$12,309
14Topko of Denison, Inc.$9,633
15Metro Ob Gyn, LLC$3,639
16Segebart Chiropractic, PLLC$2,612
17Denison Chiropractic, PC$1,377
18Dreyer Chiropractic, Ltd.$1,301
19Donald Anderson$1,205
20MLG Physical Therapy, PLLC$319

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