Pacific Mercantile Bank Provides $7.5 Million Line of Credit to Mason-West LLC
COSTA MESA, Calif., June 08, 2021 (GLOBE NEWSWIRE) -- Pacific Mercantile Bank (the Bank), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ: PMBC), today announced that it has provided a $7.5 million revolving line of credit to Mason-West, LLC , the premier western regional distributor of engineered seismic restraint systems and vibration isolation products manufactured by Mason Industries of New York. Along with the financing, Mason West utilizes a full suite of Pacific Mercantile Banks treasury management products and services. Mason West is a portfolio company of Gladstone Investment Corporation (NASDAQ: GAIN), a publicly traded Business Development Company (BDC), and KCM Capital Partners LLC.
Pacific Mercantile Bank Provides $7.5 Million Line of Credit to Mason-West LLC
COSTA MESA, Calif., June 08, 2021 (GLOBE NEWSWIRE) -- Pacific Mercantile Bank (the Bank), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ: PMBC), today announced that it has provided a $7.5 million revolving line of credit to Mason-West, LLC , the premier western regional distributor of engineered seismic restraint systems and vibration isolation products manufactured by Mason Industries of New York. Along with the financing, Mason West utilizes a full suite of Pacific Mercantile Banks treasury management products and services. Mason West is a portfolio company of Gladstone Investment Corporation (NASDAQ: GAIN), a publicly traded Business Development Company (BDC), and KCM Capital Partners LLC.