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Monday, November 10, 2025

HHS provides $76.5 million to businesses in Iowa City under CARES Act

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Through the fourth quarter of 2020, businesses in Iowa City received $76.5 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 Iowa received $1.1 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 State University of Iowa with a total of $62.3 million. The average loan size in the city was $869,264 while the state's average loan amount was $293,046.

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
1State University of Iowa$62,336,541
2Mercy Hospital Iowa City Iowa$4,800,827
3Mercy Services Iowa City, Inc.$2,163,864
4Systems Unlimited, Inc.$736,683
5Iowa Retina Consultants, PC$636,929
6Christian Retirement Services, Inc.$553,442
7Premier Estates 506, LLC$516,500
8Briarwood Management, Inc.$515,942
9Iowa City Hospice, Inc.$384,128
10Steindler Orthopedic Clinic, PLC$374,298
11Iowa City Ambulatory Surgical Center, LLC$373,428
12University of Iowa Community Medical Services$356,136
13Eye Physicians and Surgeons, LLP$307,196
14Progressive Rehabilitation Associates, LLC$280,340
15Enterprise Medical Services, PC$228,354
16Goodwill Industries of the Heartland$179,514
17Pediatric Associates of the Ui Childrens Hospi$139,102
18Endodontic Associates of Iowa City$136,635
19Bowman Chiropractic Associates, PC$129,809
20The Arc of Southeast Iowa$117,340
21Mayor's Youth Empowerment Program$114,778
22Oral Surgery and Dental Implant Center of Iowa City$96,901
23County of Johnson$68,232
24Madison County Medical Equipment, Inc.$66,244
25Periodontal Associates of Iowa City, PLLC$58,275
26Eye Associates of Iowa City, PC$54,377
27Physician Anesthesia Care of Iowa City, PC$52,826
28Iowa City Cancer Treatment Center, LLC$51,141
29Cross Medical Laboratories, LLP$50,347
30Iowa City Orthodontics, PC$40,272
31Visiting Nurse Association of Johnson County$36,615
32Jensen Eyecare Center, PLLC$31,449
33Prelude Behavioral Services$30,891
34Catharine Farinelli, D.D.S.$29,278
35Southeast Iowa Orthodontics, PC$28,702
36Community Medical Supply, Inc.$26,952
37Iowa City Family Dentistry, PC$25,259
38Surgical Services, PC$23,180
39Ann L. Connors PC, D.D.S.$22,284
40Tipt, PLLC$21,854
41Martha P. Moreland, P. C.$21,485
42Advanced Medical Transport of Iowa$20,061
43Counseling Center for Individual & Family Development, LLP$19,829
44Hawkeye Family Dental, PC$19,470
45Melrose Dental Office$18,637
46Mcdonald Chiropractic Care Clinic, P.C.$17,203
47Professional Foot and Ankle Care PC, Inc.$15,094
48Ic Dermatology, PC$14,602
49Counseling and Health Center$14,102
50Plank Family Dental Center$13,752

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