Chaparral Ice at The Crossover in Cedar Park was repossessed on Monday, officials said.
Officials said Chaparral Ice suffered greatly during the pandemic. The business opened in August 2020, months after the pandemic started.
Monday, the bank asked the facility to accelerate payments on the loan, making the entire balance due immediately, Chaparral Ice officials said. "We are shocked and devastated. But most of all, we want to thank you for your concerns and questions about the facility and the wonderful team that has built The Crossover into an amazing community," Chaparral Ice said in a statement. "The best way to honor our legacy and mission is to keep skating, keep exercising, and keep building bonds with your family and friends that last forever," Chaparral Ice said in a statement.
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