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Thursday, October 17, 2024

HHS provides $4.7 million to businesses in Loveland under CARES Act

Genbusiness008

Through the fourth quarter of 2020, businesses in Loveland received $4.7 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 Colorado received $1.2 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 University of Colorado Hospital Authority with a total of $96.8 million. The average loan size in the city was $41,763 while the state's average loan amount was $195,593.

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.

50 largest PPP loan recipients
RankBusinessDollar Amount Received
1Life Choice Hospice of Colorado, LLC$989,101
2SSC Loveland Operating Company, LLC$612,909
3Loveland House Assisted Living, LLC$344,626
4Lake Loveland Dermatology$165,236
5Pueblo Radiological Group, P.C.$127,924
6Impact Dental Group$115,020
7Surgery Center of Loveland, LLC$99,523
8Columbine Management Services, Inc.$96,541
9Preferred Mobile Nurses, Inc.$96,278
10Summit Eye Center, PC$93,321
11Kidstuff Child and Family Counseling, PC$88,453
12Horizon Laboratory, LLC$69,806
13Rem Sleep Medicine, P.C.$69,288
14Radiology Associates of Hays, P. A.$67,496
15Loveland Endoscopy Center, LLC$65,129
16Thompson Valley Emergency Medical Services, Inc.$64,723
17Trupath Laboratories, Inc.$62,861
18A Step Ahead Foot and Ankle Center, LLC$57,979
19Comfort Dental Thompson Valley$57,964
20Andrew Howard PC, D.D.S.$55,452
21NLDP, LLC$55,410
22Fresenius Medical Care Loveland, LLC$53,843
23Rebound Sports & Physical Therapy, P.C.$51,760
24Lake View Commons, LLC$50,904
25Reyes Corporation$50,126
26Vitality Home Healthcare$50,071
27GSD Initiative, LLC$48,763
28Loveland Dental Group, LLP$47,575
29Mcnairy Loveland Dental, PLLC$46,189
30DR Roger Hulme PC, OD$45,907
31Loveland Modern Dentistry, LLP$43,239
32Loveland Youth Clinic, P.C.$41,149
33Ameridrug Laboratories, Inc.$37,097
34Davis Family Dental, PLLC$33,060
35Perfect Teeth / Centerra, P.C.$32,303
36Rehabilitation and Visiting Nurse Association, LLC$31,872
37Scott Family Chiropractic$30,604
38R&R Enterprise, LLC$30,556
39Wyoming Physical Therapy, PC$28,342
40West Lake Dental$27,462
41Ross Family Dentistry, PC$26,115
42Perfect Teeth Loveland, P.C.$24,666
43Loveland Surgical Enterprises, LLC$22,726
44Pediatric Dentistry of Loveland, PLLC$22,568
45Colorado Orthotic & Prosthetic Services, LLC$21,966
46Northern Colorado Implant & Prosthetic Dentistry, PC$21,370
47Noco Newco, LLC$19,808
48Healing ARTS Family Medicine, LLC$19,570
49Kyto, Inc.$17,954
50Summit Surgery Center$16,312

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