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Saturday, September 21, 2024

HHS provides $797,705 to businesses in Park Rapids under CARES Act

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Through the fourth quarter of 2020, businesses in Park Rapids received $797,705 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 $49,857 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
1Hubbard County Heritage Living Center$449,352
2A Better Connection, Inc.$172,730
3Park Rapids Walker Eye Clinic PA, OD$42,686
4Moeller Murray Pa$28,117
5Hubbard County Developmental Achievement$26,435
6David E. Andersen, P. A., D.D.S.$22,768
7Bemidji Family Eye Care, PLLC$12,630
8Groupworks, LLC$12,528
9Anesthesia Care Team PA$11,895
10Lake Country Associates, Inc.$6,481
11Vern E Erickson PA, M.D.$5,792
12Park Performance Chiropractic, PLC$2,014
13Heartland Center of Natural Healing$1,625
14Mindy Peabody$1,328
15Smart Chiropractic Center$1,292
16Michael Erickson$32

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