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Sunday, February 23, 2025

HHS provides $1.5 million to businesses in Johnstown under CARES Act

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Through the fourth quarter of 2020, businesses in Johnstown received $1.5 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 $88,345 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.

All PPP loan recipients
RankBusinessDollar Amount Received
1Sbh-North Denver$758,975
2Vibra Physicians, LLC$370,806
3Arete Surgical Center, LLC$90,263
4Timo M Quickert PLLC, M.D.$61,029
5Colorado Spine Institute Professional, LLC$58,018
6Jeffrey S Tippets PC, D.D.S.$44,112
7Thompson River Pediatrics and Urgent Car$43,442
8America Garden Neurosciences, LLC$23,189
9DR Revelyn G Arrogante a Professional Corporation, M.D.$20,960
10Precision Family Eyecare, PC$12,871
11Shahram Asadi$6,559
12Colorado Rehabilitation Associates, LLC$5,960
13Arias Anesthesia, PLLC$1,860
1425/34 Plastic Surgery Associates, PC$1,671
15Adamson Medical Corporation, PC$1,304
16Connected Chiropractic, LLC$672
17Zackary Nigus$170

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