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Friday, November 8, 2024

HHS provides $815,114 to businesses in Springville under CARES Act

Genbusiness006

Through the fourth quarter of 2020, businesses in Springville received $815,114 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 $30,189 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
1Icare Home Health & Hospice, LLC$174,565
2Steven E Call, M.D.$118,843
3Springville Dentistry$93,523
4Physical & Sports Therapy Services, LLC$69,047
5Darren Chamberlain PC, D.D.S.$54,682
6Hobble Creek Medical Clinic, LLC$51,035
7Utah Valley Optometric Physicians$37,830
8CFD Springville, PLLC$37,640
9Health Plus Clinic, Inc.$29,316
10Paf Dental, LLC$28,756
11Stephen W Pratt LLC, D.D.S.$23,806
12Jared C Condie and Brian L Tuft D.M.D., LC, D.M.D.$22,673
13David Kent Nance$20,534
14Daniel W. Asay, PC, D.M.D.$15,157
15Eric D. Nance$9,986
16Canyon Creek Orthodontics$7,149
17Matthew R. Call, D.O.$6,773
18Springville City Corporation$6,079
19Align Physical Therapy and Sports Medicine, LLC$2,343
20Ralph Stapel$1,576
21Walker Physical Therapy, Inc.$1,206
22Cedar Psychiatry, LLC$1,088
23Pace Health Care, LLC$789
24Complete Evaluations, LLC$248
25J & E Young$210
26Reams Springville Pharmacy, LLC$153
27Richard Olson$107

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