In the nine ZIP codes that make up the Lake Travis-Westlake area, the data shows 79 companies received loans from the PPP ranging from $350,000 to $10 million. Companies that received less than $350,000 are not covered in this breakdown.
Within that group of businesses, most reported how many jobs were retained as a result of those loans. In total, the numbers show 11,853 jobs were retained from companies, including Westlake Dermatology, which reported 220 jobs retained; Asure Software, which reported 485 jobs retained; and Sprinkles Cupcakes, which reported 500 jobs retained.
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 Travis County and the rest of the state since early June. On June 25, Abbott once again postponed elective surgeries as part of measures he put in place to pause the reopening of the state.
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 which companies received loans, how much each got and how many jobs were reportedly retained.
Jack Flagler contributed to this report.
