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Sunday, September 22, 2024

HHS provides $5.4 million to businesses in Trinidad under CARES Act

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Through the fourth quarter of 2020, businesses in Trinidad received $5.4 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 $256,834 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
1Trinidad Area Health Association$4,422,188
2Trinidad INN, Inc.$696,651
3Las Animas County Rehabilitation Center$88,394
4MT Rose Health Center Palliative Care and Hospice, Inc.$37,675
5Trinidad Ambulance District$31,135
6Darais Dental$24,396
7Southern Colorado Crna Associates, Inc.$17,761
8Medco Professional Services Corporation$17,538
9Trinidad Physical Therapy and Sports Medicine, Inc.$14,937
10Caring Angels Home Care, LLC$12,167
11Southern Colorado Developmental Disabilities, Inc.$7,758
12George H. Hagen$6,984
13Paul a Andreatta, D.D.S.$5,711
14MT Rose Health Center$3,697
15Cobigred, Inc.$2,917
16Clark Family Chiropractic, Inc.$2,506
17Sleep Well Southern Colorado Treatment, LLC$390
18Tieszen Chiropractic$346
19Kristy Bennett$184
20Las Animas Huerfano Counties District Health Department$148
21Mariposa Rehabilitation Center, Inc.$23

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