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Saturday, November 2, 2024

HHS provides $5.8 million to businesses in Kodiak under CARES Act

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Through the fourth quarter of 2020, businesses in Kodiak received $5.8 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 Alaska received $239.4 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 Alaska Native Tribal Health Consortium with a total of $29.1 million. The average loan size in the city was $320,906 while the state's average loan amount was $223,924.

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
1Providence Health & Services Washington$4,990,920
2Kodiak Island Healthcare Foundation$638,526
3Senior Citizens of Kodiak, Inc.$33,911
4Eyecare Excellence, PC$25,551
5Carrie Randolph Inc., D.D.S.$15,508
6Jennifer Spivey PC, D.D.S.$14,279
7Kodiak Island Ambulatory Care Clinic, Inc.$11,237
8Kodiak Life Diagnostic Imaging, Inc.$8,225
9Arctic Physical Therapy Services, Inc.$7,751
10City of Kodiak$7,745
11Strong Solutions, LLP$5,890
12Community Inclusion Services$5,509
13Karen Ni, LLC$3,840
14Northern Hearing Services$2,675
15Wendell Wilmoth$2,603
16Laura Creighton$1,057
17Kodiak Vision Clinic & Sally's Eyeland, Inc.$776
18Robert Banks$304

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