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Chippewa Valley Times

Friday, September 20, 2024

HHS provides $1.7 million to businesses in New Richmond under CARES Act

Genbusiness010

Through the fourth quarter of 2020, businesses in New Richmond received $1.7 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 Wisconsin received $1.5 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 Aurora Health Care Metro, Inc. with a total of $64 million. The average loan size in the city was $92,497 while the state's average loan amount was $283,863.

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
1Minneapolis Radiation Oncology Pa$761,386
2St. Croix County$394,707
3Deerfield Care Center, LLC$354,698
4Family Dentistry S. C.$53,337
5Family Therapy Associates, LLC$52,844
6New Richmond Area Ambulance and Rescue Service Association$23,844
7Dadez Physical Therapy, Inc.$15,730
8Erickson Chiropractic, LLC$2,909
9Donald Brown$1,663
10Peter Vrieze$1,380
11Willow River Chiropractic, LLC$649
12Sherry Walker$594
13Jka5 Hudson, Inc.$544
14Olien Family Chiropractic, LLC$284
15David D. Lee$132
16Velocity Physical Therapy & Wellness Clinic, LLC$128
17Doctorleo, LLC$107
18Susan Johnson$13

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