AUSTIN (KXAN) — It’s not even a day old and a fundraising account for an iconic central Austin bakery exceeded its goal.

A GoFundMe account for the Texas French Bread Bakery met its goal of $100,000 Wednesday with several donations from community members of $1,000 or more. As of Wednesday morning, two donations came in at $3,000.

The bakery on Rio Grande Street burned to the ground early Tuesday morning, and damage was estimated by the Austin Fire Department at $1.6 million.

A press release from GoFundMe said the account raised nearly half of its goal in just seven hours. As of 10:30 a.m. Wednesday, the account raised $109,170.

  • Texas French Bread Bakery fire aftermath
    The Texas French Bread Bakery caught fire overnight Tuesday, but thankfully the workers were able to get out of the building uninjured, AFD said. (KXAN Photo/Frank Martinez)
  • The Texas French Bread Bakery caught fire overnight Tuesday, but thankfully the workers were able to get out of the building uninjured, AFD said. (KXAN photo/Andy Way)
    The Texas French Bread Bakery caught fire overnight Tuesday, but thankfully the workers were able to get out of the building uninjured, AFD said. (KXAN photo/Andy Way)
  • The intersection of Rio Grande and 29th Streets is expected to stay closed for several days after a fire destroyed the Texas French Bread Bakery building. (KXAN Photo/Frank Martinez)
    The intersection of Rio Grande and 29th Streets is expected to stay closed for several days after a fire destroyed the Texas French Bread Bakery building. (KXAN Photo/Frank Martinez)
  • The Texas French Bread Bakery caught fire overnight Tuesday, but thankfully the workers were able to get out of the building uninjured, AFD said. (KXAN photo/Andy Way)
    The Texas French Bread Bakery caught fire overnight Tuesday, but thankfully the workers were able to get out of the building uninjured, AFD said. (KXAN photo/Andy Way)
  • The Texas French Bread Bakery caught fire overnight Tuesday, but thankfully the workers were able to get out of the building uninjured, AFD said. (KXAN photo/Todd Bynum)
    The Texas French Bread Bakery caught fire overnight Tuesday, but thankfully the workers were able to get out of the building uninjured, AFD said. (KXAN photo/Todd Bynum)

It’s unclear what insurance will contribute to a rebuild or future operating costs, but people who have donated to the cause further prove the point that the bakery was a staple of the area and needs to return.

“I have had many delicious meals and time with friends at TFB,” said someone who donated to the fund. “This is a huge loss to Austin. I am grateful that all are safe and hope TFB will find a way to come back!”

One woman KXAN talked to at the scene of the fire said it was “like losing a little bit more of Austin.”

The building itself housed the bakery since 1981, but it was a rocking place before then. Known as the Rome Inn during the 1970s, it was an intimate concert venue where famous Texas musician Stevie Ray Vaughan used to play.