“We’ve been working on this for 4 to 5 years and I think the surrounding business activity speaks for itself,” said owner Patrick Schuchard. “There are 8-10 new restaurants in the area. Those who were there before us seem to be doing very well.
Mr. Schuchard said working with the STL Partnership corporate finance team was easy.
“What I love about them (the STL Partnership corporate finance team) is that they really understand the ups and downs of companies like us,” said Schuchard. “They understand how difficult it can be. “
Zack Folk, Business Development Officer for the STL Partnership, said working with Mr. Schuchard on this project was special for him.
“Helping Das Bevo with its renovation and reopening using the SBA 504 loan program was a special project for me since I grew up in the neighborhood of Bevo,” said Folk. “The Bevo Mill is often referred to as the ‘mothership’ by the residents of Bevo, and the Schuchards have done an excellent job of restoring the building to its former glory. It was a pleasure to work with them and in partnership with Dio Maranan of CNB St. Louis Bank on this 504 loan.