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Saturday, September 21, 2024

HHS provides $7.4 million to businesses in Pella under CARES Act

Genbusiness006

Through the fourth quarter of 2020, businesses in Pella received $7.4 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 $354,494 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
1Pella Regional Health Center$6,760,382
2Christian Opportunity Center$235,245
3Jeffrey F. Allen, D.D.S.$118,365
4Work Systems Rehab, PC$80,857
5DR. Eric Recker, Recker Dental Care$56,199
6Eyecare Partners, PC$50,121
7Pella Family Dentistry$42,924
8Iowa Dermatology, Inc.$29,376
9Pella Community Ambulance Service$22,071
10Indianola Senior Housing, LLC$12,661
11Sterling Orthopaedic & Sports Physical Therapy, PC$9,201
12Kenneth W. Van Wyk$6,544
13Red Rock Chiropractic Center, PC$6,276
14Van Hemert Chiropractic Center, PC$5,211
15Browne Family Chiropractic, PC$3,560
16Healthsource Chiropractic and Progressive Rehab of Pella, Inc.$2,366
17Hanlon Chiropractic Services, Inc.$1,264
18Scott Andersen$1,118
19Matthew Gronewold$521
20Mueller Chiropractic & Wellness, Inc.$89
21Premise Health of Iowa Medical, P C$13

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