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East Central Iowa News

Thursday, September 11, 2025

HHS provides $19.4 million to businesses in Marshalltown under CARES Act

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Through the fourth quarter of 2020, businesses in Marshalltown received $19.4 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 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 $668,669 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.

All PPP loan recipients
RankBusinessDollar Amount Received
1Unitypoint Health Marshalltown$14,611,489
2Iowa Veterans Home$2,832,900
3Grandview Heights, Inc.$624,604
4Accura Healthcare of Marshalltown, LLC$506,379
5Iowa River Hospice, Inc.$136,710
6Central Iowa Residential Services, Inc.$136,473
7Marshalltown Vision, PC$114,440
8Wolfe Clinic Eye Centers, LC.$94,407
9Central Iowa Physio, LLC$49,382
10The Willows of Marshalltown, LLC$44,538
11Sportsplus Sports Medicine and Physical Therapy Center, Inc.$41,472
12Eye Care Optical, LLC$40,785
13Hermanson Orthodontics, PC$29,425
14Smiles in Motion, PC$24,632
15Excel Medical of Marshalltown, Inc.$23,102
16Central Iowa Podiatry, Inc.$23,027
17Quakerdale Family Services$14,688
18Substance Abuse Treatment Unit of Centra$10,783
19Mid-Iowa Workshops, Inc.$10,700
20Bradley D. Price$5,577
21Fritz Chiropractic DC, PC$3,098
22Inman Chiropractic Clinic, Inc.$2,480
23Ozzie Lindquist$2,440
24James Carmicheal$2,003
25C Eye Care, PC$1,750
26Eric Bantz$1,645
27Robert R Negrete PC, OD$1,061
28Barbara Sloan$896
29The Optical Center$502

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