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Saturday, November 23, 2024

HHS provides $1.6 million to businesses in North Logan under CARES Act

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Through the fourth quarter of 2020, businesses in North Logan received $1.6 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 Utah received $602.4 million 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 IHC Health Services, Inc. with a total of $197.1 million. The average loan size in the city was $98,930 while the state's average loan amount was $221,716.

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
1Maple Springs Management, LLC$684,350
2Rocky Mountain Dermatology, Inc.$387,465
3Cache Valley Enterprise Gibbons, Wood & Bennion, Inc.$215,269
4Rocky Mountain Emergency Specialists, LLC$104,983
5Primary Care Pediatrics, LLC$54,851
6Cache County Emergency Medical Services Authority$34,080
7Rocky Mountain Artificial Limb & Brace, Inc.$30,286
8Cache Valley Pediatric Dentistry, PC$28,218
9Logan Physical Therapy, PC$26,653
10BWL Family Holdings, LLC$14,011
11Aspire Therapy, LLC$1,362
12Brett Porter$503
13Cache Valley Endocrine & Diabetes Center$467
14Monique Frazier PHD, PC$356
15Jcnorman, Inc.$31
16Edwin Goble$1

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