The STL Partnership worked with Bevo owners on a 504 loan
“We’ve been at it for 4-5 years and I think the surrounding business activity speaks for itself,” said owner Patrick Schuchard. “There are 8-10 new restaurants in area. The ones that were there before us seem to be doing really well.”
“The thing I like about them (the STL Partnership’s Business Finance team) is that they really understand the ups and downs businesses like us have,” Schuchard said. “They understand how difficult this can be.”
Zack Folk, STL Partnership Business Development Officer, said working with Mr. Schuchard on this project was special to him.
“Assisting Das Bevo in their renovation and reopening utilizing the SBA 504 loan program was a special project for me since I grew up in the Bevo neighborhood,” said Folk. “The Bevo Mill is often called the ‘mothership’ by Bevo residents, and the Schuchards have done a great job with getting the building back to its former glory. It was a pleasure working with them and in partnership with Dio Maranan at CNB St. Louis Bank for this 504 loan.”
Learn about loan programs the STL Partnership Business Finance team can help you with by clicking here.