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Sioux City Times

Sunday, September 29, 2024

HHS provides $9.2 million to businesses in Storm Lake under CARES Act

Genbusiness008

Through the fourth quarter of 2020, businesses in Storm Lake received $9.2 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 $438,771 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
1Buena Vista Regional Medical Center$7,638,308
2Family First Dental Association of Primghar, PC$687,242
3Methodist Manor Retirement Community$600,279
4Family Dental Center$107,184
5Vision Care Associates, PC$60,025
6Nicholson Physical Therapy, PLC$38,618
7Sports Rehab and Professional Therapy Associates, Inc.$24,231
8Buena Vista Anesthesia Associates, PLC$8,803
9R L Crampton, D.P.M.$8,718
10Centers for Allergy, Asthma and Immune Disorders, PC$6,848
11Redenbaugh Chiropractic$6,511
12Function First Chiropractic$6,169
13Atlas Orthogonal Chiropractic Clinic LC$5,431
14Lisa R. Lindeman$5,333
15Buena Vista County$4,936
16New Directions for Mental Health, LLC$1,671
17Casey Miller$911
18Lee Meylor$905
19Storm Lake Medical, PC$830
20American Pain Relief Institute Professional, LLC$732
21Brian Walsh$508

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