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Friday, October 18, 2024

HHS provides $2.9 million to businesses in Castle Rock under CARES Act

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Through the fourth quarter of 2020, businesses in Castle Rock received $2.9 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 $33,455 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.

50 largest PPP loan recipients
RankBusinessDollar Amount Received
1BSMC Limited Liability Company$782,930
2Castle Rock Senior Living, LLC$525,608
3Legacy Hospice, LLC$173,675
4Neurology of the Rockies, LLC$76,247
5Horizon Prosthetics, LLC$72,786
6Pediatrics at the Meadows$72,684
7Shadow Rock Dentist, LLC$59,622
8Clocktower Family Dental$53,745
9Castle Rock Modern Dentistry, LLP$51,325
10Guneratne, LLC$51,013
11KC Medical, PC$50,952
12Castle Country Assisted Living, Inc.$46,622
13Crossroads Orthodontics$43,777
14Restore Home Health, LLC$36,338
15Prairie Hawk Dental, LLC$32,430
16Chris B Winter PC, M.D.$32,227
17Healthfit Family Medicine, LLC$31,079
18Ridgeline Eyecare Associates$29,207
19Castle Rock Foot & Ankle Care, PC$28,132
20Castle Rock Dermatology, PC$27,689
21Castle Valley Dental, PC$27,506
22Reid Optometry, PC$27,470
23DR. Lyn D. Tran, Inc., O.D.$25,217
24Castle Rock Endodontics$24,560
25Leah Mcquigg, LLC$24,516
26Castle Rock Oral and Maxillofacial Surgery, PC$24,050
27Peak View Dental$23,398
28Castle Rock Dental Group, PC$22,711
29David Archibald PC, M.D.$22,675
30Castle Rock Pediatrics, PLLC$22,591
31Castle Rock Kids' Dentistry$22,521
32Castle Rock Surgicenter, LLC$21,120
33Perfect Teeth / Castle Rock, P.C.$19,874
34Sara L Logan PC, D.D.S.$19,710
35Rock Canyon Foot and Ankle Clinic, LLC$19,406
36Benzley Pediatric Dentistry, LLC$18,909
37Consultants in Nephrology and Hypertension Professional, LLC$18,227
38Town of Castle Rock$18,128
39Implant and Oral Surgery of Colorado, PLLC$16,783
40Wellspring Community$16,630
41AL Ochoa, PC, D.D.S.$12,389
42Castle Rock Family Physicians, PC$12,371
43Retro Dental Broomfield Dbd$10,579
44Patrick Reilly, PLLC, D.M.D.$10,542
45Douglas Family Medicine, P.C.$10,264
46Cedar Mountain Family Dentistry$7,986
47Retro Dental Highlands$7,884
48SDG Castle Rock Endoscopy Center$7,771
49Diehl Behavior Services, Inc.$6,982
50Refresh Snoring and Sleep Apnea Center, PC$6,953

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