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Sunday, November 24, 2024

HHS provides $14.6 million to businesses in Presque Isle under CARES Act

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Through the fourth quarter of 2020, businesses in Presque Isle received $14.6 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 Maine received $489.3 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 Mainehealth with a total of $94.8 million. The average loan size in the city was $502,518 while the state's average loan amount was $242,474.

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
1The Aroostook Medical Center$13,660,458
2Micmac Family Health Services$313,689
3Full Circle Health Care, LLC$120,295
4Dunrovin Enterprises, Inc.$118,642
5Emergency Medicine Services of Maine, LLC$91,590
6Aroostook Dental Clinic$62,354
7Northern Maine Oral & Facial Surgery PA$44,121
8City of Presque Isle$25,599
9Northern Prosthetics$24,539
10Lagos P.A. Dental$17,786
11Cassidy Orthodontics, LLC$16,606
12Donald R. Blackstone PA, D.M.D.$16,441
13Northern Physical Therapy & Rehab Services, LLC$11,825
14Aroostook County Action Program, Inc.$8,733
15A New Start, LLC$7,410
16Central Aroostook Psychiatric Services, LLC$5,970
17Jose Tungol$5,418
18Richard a. Graves, O.D.$4,843
19Catherine Varnum$3,602
20James Lambert$2,838
21Family Planning Association of Maine, Inc.$2,649
22James Neumayer$1,676
23Aroostook Apothecary, LLC$1,469
24Nmofs Ambulatory Surgical Center, PC$1,369
25Presque Isle Pharmacy Company, LLC$1,249
26Micmac Service Unit$824
27City Pharmacies, Inc.$704
28Ot Therapeutic Interventions, PC$270
29Edward Laga$66

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