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Thursday, December 26, 2024

HHS provides $119,927 to businesses in Monticello under CARES Act

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Through the fourth quarter of 2020, businesses in Monticello received $119,927 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 $7,995 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
1Elaine Happ PA, OD$41,502
2Monticello Family Dentistry$36,401
3Derek Abramowski School, D.D.S.$17,590
4Sherburne Northern Wright Special Education Cooperative$11,873
5Centracare Health Monticello Services, LLC$3,929
6Belde Chiropractic Clinic PA$2,334
7Forever Young Two, LLC$1,430
8MLP Optometry$1,363
9Atlas Advantage Chiropractic, L.L.C$1,158
10Craig Chiropractic and Kinesiology, PC$811
11Back 2 Health Chiropractic PA$630
12Dynamic Balance, PC$526
13Studer Chiropractic, PC$358
14Steven Exsted$15
15Pamela Bertram$7

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