Loop1

4.3★★★★☆(18 reviews)

405 Brushy Creek Rd, Cedar Park, TX 78613

Cedar Park, Texas, United States

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Business facts

Estimated annual revenue~$55.8M
Estimated employees~40
Annual payroll (2020)~$4.7M
In business since2009
Based on reported payroll data

Area statistics (78613)

Population88,189
Median household income$116,893
Source: US Census ACS

About

Loop1 is a veteran-owned IT solutions company based in Austin since 2009. They offer proactive IT support, NOC monitoring, on-demand support for staff, and on-site support when needed. As a leading global partner of SolarWinds & Cisco, Loop1 specializes in IT Operations Management Services and is dedicated to helping clients make efficient use of SolarWinds software.

💳
Credit Cards
Cash, Yes
🅿️
Parking
Yes
Wheelchair Accessible
Parking, Yes
Categories: Software Company, Computer Support and Services, Computer Consultant, Computer training.
ISIC Codes: 4741, 6202, 8549, 9511.

Market analysis

Earning above its category median in a growing category (Software Company).

EstimateCategory trend: 2021, +8.7%

Revenue trend (modeled)

~$45.8M2019
~$45.5M2020
~$45.3M2021
~$50.2M2022
~$53.0M2023
~$55.8M2024
Modeled from category averages for the region+4.0%/yr since 201980% confidence band: ±68%

Company profile

Incorporated2009 (TX)
Employees (reported band)16-17
Facility size~5,000 sq ft
Observed

Property

Lot size0.93 acres
CountyWilliamson
Parcel ownerFITZPATRICK HOLDINGS LLC
ObservedPublic assessor / cadastre record

Federal support (SBA)

PPP loan (2020)$971.6K · 54 jobs reported · implies ~$4.7M annual payroll · $978.0K forgiven
SBA 7(a)/504 loan (2025)$975.0K
ObservedSource: US SBA public records

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Software Company in Texas9,730~$49.4B~$5.1M~$1.6M5.0★35×
Category revenue trend2021: +8.7%2020: -1.3%2019: -0.4%Modeled from business-level estimates
Chain pressure90 chains expanding in this category, led by T-Mobile, At&t, Connection Center (+6,399 locations since 2016)

Revenue trajectory vs benchmarks (indexed, 2019 = 100)

Estimate

Immediate area (1 km)

BusinessesTotal revenueMeanMedianJobsEstimated wage billvs median
1 km area (all businesses)73~$170.1M~$2.3M~$612.8K398~$38.9M91×
Wholesale and retail trade; repair of motor vehicles and motorcycles17~$90.1M~$5.3M125
Other service activities9~$4.5M~$500.0K25
Education3~$1.3M~$417.1K15
Information and communication1~$2.0M~$2.0M4

1 km area (all businesses): median from the 62 of 73 businesses with estimates

Estimate

Area conditions (78613)

Population88,189 ±1,647
Median household income$116,893 ±$4,186
Median home value$416,000
Bachelor's degree or higher0.5%
Unemployment rate0.0%
Source: US Census ACS
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