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Tuesday, December 24, 2024

HHS provides $4.2 million to businesses in Cedar Falls under CARES Act

Genbusiness005

Through the fourth quarter of 2020, businesses in Cedar Falls received $4.2 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 $110,321 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
1Martin Health Center, Inc.$1,337,586
2Cedar Falls Lutheran Home$927,736
3Premier Estates 511, LLC$476,226
4Windhaven Assisted Living Center, Inc.$350,441
5Stanard Family Assisted Living Center, Inc.$291,814
6Talk to ME Technologies, LLC$181,142
7All Smiles Family Dentistry, PLC$166,838
8Cedar Valley Dental Associates, PC$112,064
9Cedar Brook Dental Group$47,710
10Agape Therapy Clinic, PC$32,145
11University of Northern Iowa Student Health Clinic$31,043
12Ismile Orthodontics, P.C.$26,262
13Lucas S. Boe, PC, D.M.D.$22,728
14Western Home Independent Living Services, Inc.$21,611
15L & B Pharmacy, Inc.$20,007
16Cedar Valley Pediatric Dentistry, PC$18,793
17William C. Maiers$18,019
18Douglas Hansen, PC$17,942
19Valley Park Family Dental, PC$16,624
20Anthony D Bailey PC, OD$16,416
21Schofield Chiropractic, PC$11,373
22Michael G. Crall, D.D.S.$8,071
23Jennifer Rasmussen$6,254
24Family Medicine of Cedar Valley, PC$6,194
25Michele Green DC, PC$4,666
26Conditt Psychological Services$4,509
27Knutson Chiropractic Clinic, PC$3,606
28Karla Brennscheidt$3,517
29Perry L Krieger & Associates PC, OD$2,690
30David Vorland$2,441
31Wayson Family Chiropractic, PC$1,817
32Rachael Jorgensen$1,327
33Derrick J. Benner, Inc.$820
34Families First Chiropractic Center, Inc.$681
35Joyce Riker$434
36Worldwide Wellness Center, PLC$272
37Align Chiropractic & Wellness, Inc.$251
38James Harding$124

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