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Friday, December 27, 2024

HHS provides $2.9 million to businesses in Buffalo under CARES Act

Genbusiness007

Through the fourth quarter of 2020, businesses in Buffalo received $2.9 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 Minnesota received $1.9 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 Allina Health System with a total of $152.2 million. The average loan size in the city was $122,544 while the state's average loan amount was $352,102.

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
1Park View Care Center$790,423
2Adara Home Health, Inc.$677,211
3Stellis Health, PA$602,774
4Lake Ridge Care Center of Buffalo, Inc.$406,440
5Park Terrace Assisted Living and Memory$107,297
6Don Sealock, P. A., O.D.$85,389
7Functional Industries, Inc.$64,958
8Buffalo Dental Group$61,527
9Thomas Hanson PA, D.D.S.$41,242
10Kuzma Chiropractic, PA$36,970
11Dental Care Associates of Buffalo PA$25,188
12Buffalo Eye Clinic P a$8,850
13Innovative Therapy, LLC$7,670
14Adjust to Health Chiropractic PA$6,621
15Metropolitan Gastrointestinal Specialists$5,429
16Hometown Eye Care, Inc.$3,598
17Olson Chiropractic Clinic, Inc.$3,252
18Cole Lucier$2,447
19Strive Therapy Services, Inc.$1,618
20Family Counseling Center, Inc.$1,352
21Marty Chiropractic Healing Center PA$436
22Your Life Chiropractic Pa$222
23Total Health and Wellness, Inc.$101
24Kilquan, Ltd.$38