Missouri State Treasurer Clint Zweifel made a planned pitstop at Marcella's Mia Sorella in Ballwin Wednesday.
Mia Sorella, an Italian restaurant at 14426 Clayton Road in the Ballwin Grove development, opened last September as an effort by brothers Jamie and Stephen Komorek. The Komorek brothers also own Trattoria Marcella at 3600 Watson Road, Mia Sorella's sister restaurant that has been in the area for 18 years.
Zweifel stopped by to announce the use of a Missouri Linked Deposit Program loan at Mia Sorella. The program, in parnership with Eagle Bank and Trust Company, is geared for small business owners and entrepreneurs.
For Marcella's Mia Sorella, the $250,000 loan aided in purchasing capital, fixtures, furniture and machinery. Zweifel said the loan could save the restaurant about $20,000 over the next five years.
"Trattoria Marcella has been part of St. Louis for 18 years and helping the Komorek family grow their business with Mia Sorella is what the Missouri Linked Deposit Program is all about," Zweifel said. "Mia Sorella has created nearly 40 new jobs in this community and provided a new option for families."
The Missouri Linked Deposit loan is available for small businesses with fewer than 99 employees. Since 2009, more than $235 million in loans have been issued in the St. Louis area affecting about 5,200 farmers and employees.
READ MORE ABOUT MARCELLA'S MIA SORELLA:
- Marcella's Mia Sorella Opens in Ballwin
- Help Ballwin Restaurants Make the A-List
- Coming Soon: Trattoria Marcella Sister Restaurant Opening in Ballwin Grove
- Ballwin Italian Restaurant Earns Mixed Reviews from Food Critic
What do you think? Are you a small business owner making use of this loan program? What are your favorite small businesses in the area? Tell us in the Comments.