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North Iowa Reporter

Friday, November 22, 2024

HHS provides $6.6 million to businesses in Waverly under CARES Act

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Through the fourth quarter of 2020, businesses in Waverly received $6.6 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 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 $345,164 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
1Waverly Health Center$5,400,412
2Bartels Lutheran Home$850,227
3Premier Dermatology, Ltd.$82,863
4Northern Iowa Therapy Associates, LLC$80,084
5P and B Eye Care, LLC$39,991
6County of Bremer$24,729
7Waverly Family Dentistry, LLC$21,973
8Ryka Incorporated$19,093
9Smiley Family Dentistry$18,259
10The Larrabee Center, Inc.$9,125
11Eye Care Center of Waverly, PLLC$2,818
12Calease Chiropractic Center, LLC$2,418
13Back to Health Chiropractic$1,493
14Balanced Body Chiropractic, LLC$1,249
15Nuss Family Chiropractic, PC$1,116
16Waverly Chiropractic Specialties$1,046
17North Iowa Counseling, LLC$831
18Walsworth Family Dentistry, PC$355
19Keller Chiropractic$33

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