Over 19,000 jobs retained in Cedar Park, Leander due to first round of PPP loans

sba-loan
19,198 jobs in Cedar Park and Leander were retained through the Paycheck Protection Program. (Courtesy Adobe Stock)

19,198 jobs in Cedar Park and Leander were retained through the Paycheck Protection Program. (Courtesy Adobe Stock)

In Cedar Park and Leander, 19,198 jobs were retained through the Paycheck Protection Program, according to U.S. Small Business Administration data.

The federal loans aided 2,245 businesses in Cedar Park and Leander. Of these, 231 businesses received loans over $150,000, including 154 Cedar Park businesses and 77 Leander businesses.

For businesses receiving up to $150,000, the average loan was $32,504.19. The average loan in Cedar Park was higher, at $33,232.47, and the average loan for Leander businesses was $31,312.64.

Made with Flourish

Made with Flourish


Nine businesses received loans between $2 million-$5 million—the highest loan range in the Cedar Park-Leander area. These businesses include American Constructors, Austin Wood Recycling, Bridgemoor Transitional Care, Cedar Park Autoworks, Firefly Aerospace, Revenue Cycle Billing Services, Tex Mix Partners, Thomas Oilfield Services and Vision Technologies. Two of these businesses are in Leander. The SBA only names businesses that received loans greater than $150,000.

The SBA released the data July 6 after it was sued by 11 media organizations, including the Associated Press, ProPublica, The New York Times and The Washington Post, over its initial refusal to release detailed loan information.

In Washington, D.C., lawmakers are discussing issuing another round of forgivable loans for businesses that have 100 or fewer employees and have experienced revenue loss of 50% or more during the pandemic.

Jack Flagler contributed to this report.

Note: Community Impact Newspaper received a PPP loan.
By Taylor Girtman
Taylor Girtman became the reporter for the Cedar Park-Leander edition in Feb. 2020.


MOST RECENT

Lingering symptoms, long-term impact of COVID-19 will take time to fully understand

Dr. Mary Katherine Theoktisto answers questions regarding the virus.

The 4.6-acre pickleball-themed complex will have 12 pickleball courts and a two-story restaurant with a large patio and rooftop bar. (Courtesy Electric Pickle)
Pickleball, entertainment complex coming to Cedar Park

The 4.6-acre pickleball-themed complex plans to open in late 2022.

The extension of Kenney Fort Boulevard is underway north of Hwy. 79. (Amy Bryant/Community Impact Newspaper)
North-south road in Round Rock makes progress; homestead exemption OK'd in Leander and more Central Texas news

Read the top business and community news from the past week from the Central Texas area.

davis house
Brewpub, restaurant among restoration options for Leander’s Davis House

One of Leander’s oldest standing homes could be redeveloped into a brewpub and restaurant.

Gov. Greg Abbott, center signed Senate Bills 2 and 3 into law June 8 in response to the devastating winter storm last February. (Trent Thompson/Community Impact Newspaper)
Gov. Abbott signs bills to reform ERCOT and weatherize Texas power grid

The bills will go into effect Sept. 1 and aim to reform ERCOT leadership and increase accountability and communication among power agencies.

Candlewood Suites is located at 10811 Pecan Park Blvd., Austin. (Chris Neely/Community Impact Newspaper)
Williamson County threatens legal action against Austin hotel for homeless

The hotel at the center of the debate—Candlewood Suites—is located in Northwest Austin within Austin city limits and in Williamson County.

CPPD
Dead rabid bat found in Cedar Park

Cedar Park Police said there is no known human or animal contact as of now.

Here are the latest coronavirus updates from Williamson County. (Community Impact staff)
More than half of Williamson County residents fully vaccinated, plus more COVID-19 news

Here are the most recent coronavirus updates from Williamson County.

Leander Station
Leander council asks for more data in Capital Metro discussion

No action was taken during June 3 meeting, but council members asked staff to collect more data about Capital Metro in Leander.