The Nevada State Development Corp. said it has partnered with Seacoast Commerce Bank to fund a $2.38 million SBA 504 loan for Bootlegger Bistro, a family-owned restaurant in Las Vegas that opened in 1949.
The business also received a $2.32 million refinance loan from San Diego-based Seacoast Commerce. The total project cost was $8.44 million, the NSDC said in a statement Thursday.
"This is a perfect example of a small business that has taken advantage of the SBA 504 refinance loan for their property," said Christopher Hunter, assistant vice president, business development with the NSDC.
Hunter said Bootlegger received a 20-year SBA 504 loan with a 4.4 percent interest rate.
The NSDC is a nonprofit company with offices in Las Vegas and Reno that provides SBA 504 loans in Nevada. Established in 1981, NSDC has funded more than 1,682 loans with an estimated combined value of $813 million.equipment may knock on the door to let customers know they're there, but they don't need to enter the home.
NV Energy said it's working on the case with law enforcement. It's also asking customers to call corporate security at 402-5007 to verify workers.
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