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Monday, November 25, 2024

HHS provides $2.1 million to businesses in Marion under CARES Act

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Through the fourth quarter of 2020, businesses in Marion received $2.1 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 $97,415 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
1The Capstone Group, Inc.$722,708
2AHF Kentucky-Iowa, Inc.$570,025
3Grand Haven Homes, Inc.$267,892
4The Views Operator B, LLC$226,336
5Marion Senior Development, LLC$96,805
6Insight Vision, Inc.$47,341
7Marion Dental, P.C.$45,774
8Village Ridge, LLC$31,582
9Foot and Ankle Specialists of Iowa, PLC$24,987
10E. Joseph Lenz PC Family Dentistry, D.D.S.$24,431
11Indian Creek Dental$19,787
12Connie A. Miller$17,228
13Revive Family Chiropractic$11,937
14Care Chiropractic, PC$11,051
15DR. Lynn I. Labbe, P.C.$4,657
16Wickwire Chiropractic and Wellness Center, P.C.$4,586
17Iowa Chiropractic Center, PC$4,468
18Geelan Chiropractic, Inc.$3,757
19Linn County Physical Therapy, PC$3,307
20Carmen Clemenson$2,827
21David Kunkle$923
22Ryder Chiropractic Center, PC$718

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