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Glacier Country News

Thursday, November 7, 2024

HHS provides $454,916 to businesses in Stevensville under CARES Act

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Through the fourth quarter of 2020, businesses in Stevensville received $454,916 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 Montana received $409.8 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 Billings Clinic with a total of $19.7 million. The average loan size in the city was $41,356 while the state's average loan amount was $239,775.

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
1Living Centre Limited$356,211
2Bitterroot Valley Education Cooperative$36,897
3Storybrook Medicine$26,632
4Corvallis Physical Therapy, PC$25,549
5William McNulty$2,431
6Debra Ruggiero$2,346
7AWR, PC$1,952
8Family Pharmacy, Inc.$1,504
9Love This ME Janel Jones Sole MBR, PLLC$745
10Harp Occupational Therapy and Wellness, LLC$595
11Better Root Health Chiropractic, PLLC$54

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