In the three ZIP codes in Georgetown, data shows 172 companies—including corporations, nonprofits, independent contractors, sole proprietors and limited liability companies—received loans from the PPP ranging from $150,000 to $10 million. An additional 1,193 Georgetown businesses received loans of $150,000 or less, it said.
In total, Georgetown businesses received more than $41.39 million in federal aid.
Most of the businesses also reported the number jobs that were kept as a result of the loans—13,518 jobs were retained, it said. Listed companies include Sport Clips, which reported 500 jobs retained; Lee Contractors, which reported 28 jobs retained; and Haley Veterinary Care, which reported 31 jobs retained.
Georgetown’s three ZIP codes of 78626, 78628 and 78633 have a combined working population of about 38,922, according to U.S. Census Bureau data.
In Washington, D.C., lawmakers are discussing issuing another round of forgivable loans to businesses that have 100 or fewer employees and have experienced revenue loss of 50% or more during the pandemic.
Locally, businesses and nonprofit organizations are still facing significant challenges. Coronavirus case numbers and hospitalizations have surged in Williamson County and the rest of the state since early June.
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.
Navigate the interactive charts below to see a breakdown in received loans by size and ZIP code. Click the black arrow to view additional charts.
Amy Rae Dadamo and Jack Flagler contributed to this report.
