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Saturday, September 21, 2024

HHS provides $897,588 to businesses in Providence under CARES Act

Genbusiness010

Through the fourth quarter of 2020, businesses in Providence received $897,588 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 $40,799 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
1Bear Lake Community Health Center$526,700
2MRSC UT Cache Valley Master Tenant, LLC$99,442
3Primrose Hospice, Inc.$71,837
4ABC Pediatric Dentistry, PC$50,923
5Spring Creek Surgical Center, LLC$49,601
6Advanced Spine Pain Specialists$30,153
7Primrose Home Care, Inc.$18,916
8Watertree Dental Care, Inc.$16,553
9Springcreek Medical Center, PC$10,941
10South Valley Family Dental, PC$10,507
11Peachtree Family Medicine, PC$3,199
12South Valley Eyecare Center, Inc.$2,023
13Cache Valley Vein$1,978
14Kent W Anderson PHD, PC$1,885
15CBM Derm, LLC$891
16Corey B Johnson PC, M.D.$650
17Thomas Fullmer$444
18Nichole L Jardine LCSW, PLLC$371
19Gateway Physical Therapy and Sports Rehab$262
20Integrity Chiropractic$244
21Brian T.D.C. Lyman$35
22Cache Valley Chiropractic Clinic, LLC$33

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