Loan Amount: $767,000
ReProp took a referral from a local bank, then partnered with the City of Arcata and with Arcata Economic Development Corporation to provide SBA 504 financing for the conversion of an older movie theater to an entertainment venue serving all ages. Our participation assisted in transforming a dark site near the hub of Arcata’s business area to a vibrant place for people to congregate for concerts, family and special events.