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Saturday, November 23, 2024

HHS provides $6 million to businesses in Waconia under CARES Act

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Through the fourth quarter of 2020, businesses in Waconia received $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 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 $355,876 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
1Ridgeview Medical Center$5,100,955
2Lakeview Clinic, Ltd.$673,770
3Minneapolis Heart Institute at Ridgeview Heart Center, LLC$74,090
4Sunnydays Therapy, Inc.$60,366
5Rebound Orthotics & Prosthetics, Inc.$42,755
6Water's Edge Transportation, LLC$34,795
7Kruckman Family Dentistry Pa$29,184
8Precision Eye Care, LLC$15,368
9Carver County$8,910
10Berry Chiropractic Pa$2,502
11Mackenthun Beck Pharmacy, Inc.$2,198
12Fireside Counseling, LLC$1,482
13Soltis Family Chiropractic$1,167
14Legacy Apothecary$904
15Neubauer Chiropractic Health Center PA$886
16Clayton Egli$479
17Waconia Family Chiropractic$85

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