PPP in Heights-River Oaks-Montrose helped 6,700 businesses save 77,500 jobs

Payroll Protection Program
More than 6,700 businesses received Payroll Protection Program loans from April through Aug. 8, according to the U.S. Small Business Administration. (Courtesy Pexels)

More than 6,700 businesses received Payroll Protection Program loans from April through Aug. 8, according to the U.S. Small Business Administration. (Courtesy Pexels)

The Payroll Protection Program helped Heights-River Oaks-Montrose business owners retain more than 77,500 workers, according to an analysis of loan-level data provided by the U.S. Small Business Administration.

This includes additional loans given during the application extension window that closed Aug. 8.



A total of 6,766 businesses and 169 nonprofits received loans in the area. The majority received less than $150,000, but 10 firms received more than $5 million, such as oil services company Breakwater Energy Partners and restaurant owner Laurenzo's Management Co. Another 117 received $1 million-$5 million.



About one out of every five jobs saved in the Heights-River Oaks-Montrose area were in the professional services industry, which includes lawyers and accountants, according to the SBA data, with almost 15,000 reported jobs saved. The second-biggest share was in accommodation and food services, with nearly 13,000 jobs retained.




MOST RECENT

A 1,500-square-foot covered outdoor patio will provide resort-style seating for 100 people. (Courtesy Tyler Barrera)
Patio bar Highline Park opening Dec. 3 in M-K-T Heights development

Just over two months after the opening of Mayan-inspired Casa Nomad within the mixed-use M-K-T Heights development on North Shepherd Drive, the same trio of developers are preparing to open a new patio bar next door.

The median home price in the Round Rock, Pflugerville and Hutto area has risen considerably since last October. (Brian Rash/Community Impact Newspaper)
CI TEXAS ROUNDUP: Home sales, costs in Round Rock, Pflugerville and Hutto remain hotter than Greater Austin; Halal Guys opens in Pearland and more top news

Take a look at the top five trending stories across Community Impact Newspaper’s coverage areas in Texas as of Nov. 29.

Guests take part in a painting class at a past Mistletoe Market. (Courtesy Midtown Houston)
Local vendors to descend on Midtown for annual Mistletoe Market

Houstonians invited to come out and support local businesses Dec. 10-11 at Midtown Houston's annual Mistletoe Market, featuring 17 local vendors offering handmade, holiday-themed gifts.

Commissioners on Nov. 22 voted to approve a density change to preliminary plans for The Preserve, a neighborhood that city documents said could include 565 single-family homes at the northeast corner of Teel and Panther Creek Parkways. (Courtesy city of Frisco)
CI TEXAS ROUNDUP: Neighborhood near PGA Frisco could see larger lots; ERCOT says Texas power grid ready for expected winter demand and more top news

Take a look at the top five trending stories across Community Impact Newspaper’s coverage areas in Texas as of Nov. 24.

After two years, the Houston Ballet Company is bringing back “The Nutcracke" on stage in time for the upcoming holiday season. (Courtesy Houston Ballet)
'The Nutcracker' returns to Houston stage for first time in two years

"The Nutcracker" will soon be returning to the stage in Houston.

A health expert with Baylor College of Medicine provides advice to stay safe and healthy while celebrating Thanksgiving with family. (Karolina Grabowska/Pexels)
Baylor College of Medicine: Tips for staying safe and healthy this Thanksgiving as the pandemic continues

Check out some helpful advice from a medical expert on how to stay safe and healthy during Thanksgiving.

Texas Gov. Greg Abbott sits beside Samsung CEO Dr. Kinam Kim as he announces the company is brining a $17 billion facility to Taylor. (Screnshot via KXAN)
Samsung makes it official: Announcement from Governor's Mansion confirms $17B facility coming to Taylor

Nearly a year after Williamson County officials began pitching Samsung to bring a megafacility to the area, the electronics giant has made it official.

Bill Curci is a chief operating partner for Shuck Me, a seafood restaurant in Fort Worth. (Bailey Lewis/Community Impact Newspaper)
CI TEXAS ROUNDUP: Fort Worth restaurant Shuck Me is fishing- and family-centric; a guide to Houston's 2021 Thanksgiving Day Parade and more top news

Take a look at the top five trending stories across Community Impact Newspaper’s coverage areas in Texas as of Nov. 23.

Baylor College of Medicine and Texas Children's Hospital are collaborating with an immunotherapy company to bring COVID-19 vaccines to South Africa. (Courtesy Pexels)
Baylor College of Medicine, Texas Children’s Hospital announce licensing agreement for COVID-19 vaccine in South Africa

Baylor College of Medicine and Texas Children's Hospital are collaborating with an immunotherapy company to bring COVID-19 vaccines to South Africa.

PTSD Foundation of America seeks to reduce veteran suicides

An average of 17.2 veterans died by suicide daily in 2019—a 36% increase from 2001, according to a report released by the U.S. Department of Veterans Affairs in September.

Texas Medical Center coronavirus update: ICU numbers drop almost 20%; new hospitalizations plateau

Heading into Thanksgiving, here is the status of COVID-19 in Texas Medical Center hospitals.