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Sunday, November 24, 2024

HHS provides $656,751 to businesses in Spearfish under CARES Act

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Through the fourth quarter of 2020, businesses in Spearfish received $656,751 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 South Dakota received $481.4 million 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 Sanford Health Network with a total of $65.3 million. The average loan size in the city was $21,892 while the state's average loan amount was $425,664.

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
1Northern Hills Training Center$109,668
2Black Hills Dermatology, PC$55,149
3Sandstone Senior Living, Inc.$47,989
4Spearfish Emergency Ambulance Service$43,479
5Kismet Oma-a, LLC.$41,711
6Kismet Ear-a, LLC.$41,636
7Kismet Specialist-a, LLC.$36,300
8Kismet Alt-a, LLC.$35,842
9Kismet Oga-a, LLC.$28,520
10Kismet Bff-a, LLC.$26,661
11Kismet Gpi-a, LLC.$25,787
12Family Optical, P.C$21,344
13Lifetime Eyecare$20,818
14Kismet Elk-a, LLC.$20,111
15Reth, PC$16,534
16Peak Motion Physical Therapy, Inc.$14,634
17Black Hills Psychology, LLC$13,630
18Black Hills Physical Therapy, Inc.$12,682
19Mountain Valley Vision Center$11,117
20Michael S Richey PC, OD$10,364
21Lorri a Riley PC, D.P.M.$7,519
22Northern Hills Chiropractic, P.C.$4,117
23Spearfish Physical Therapy, LLC$3,735
24J S Nelson, P C$2,685
25Northern Hills Psychological Services, LLC$1,134
26Sack Chiropractic, PC$870
27Runyan Chiropractic, PC$765
28Ross F. English$696
29Eklund Chiropractic, PC$662
30Active Living Chiropractic, P.C.$592

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