Missing Calif. restaurant owner was behind on loan for Sammy Hagar-themed restaurant

Sammy Hagar (From: WikiMedia.org)
Sammy Hagar (From: WikiMedia.org)
Set Text Size SmallSet Text Size MediumSet Text Size LargeSet Text Size X-Large
Share
Updated: 11/19/2013 1:02 pm

ROSEVILLE, Calif. (AP) — A missing Northern California restaurateur was in default on a $1.5 million loan from a city nonprofit intended to help kick-start his Sammy Hagar-themed restaurant.

The Sacramento Bee reports Steve Pease of Roseville was last seen Nov. 3 when he checked out of a Fort Bragg motel and drove off in a rental car.

The Roseville Community Development Corporation announced Monday that the 57-year-old Pease was in default on the loan the agency had granted him a little more than a year ago as he got Sammy's Rockin' Island Bar & Grill off the ground.

Chris Maudru, who has been leading the effort to locate Pease, tells the newspaper it's inconceivable that his friend would disappear over a $9,000 monthly payment.

With Pease gone, the Roseville restaurant closed its doors Nov. 10.

©2013 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Share
1 Comment(s)
Comments: Show | Hide

Here are the most recent story comments.View All

Kramer - 11/19/2013 6:53 PM
0 Votes
This isn't the Steve Peace who was behind "Attack of the Killer Tomatoes" ? kick-start? more like "jump"
NEWSCASTS ON DEMAND

What's On

All content © Copyright 2013 Intermountain West Communications Company. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.
You may also view our Sitemap

Inergize Digital This site is hosted and managed by Inergize Digital.
Mobile advertising for this site is available on Local Ad Buy.