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BRIDGE BUSINESS BANCORP PROVIDES A $1.98 MILLION SBA 7(a) TERM LOAN TO DRAUGHT TECHNOLOGIES, LLC AND SJS PROPERTIES, LLCCHICAGO, IL – June 23, 2008 - Bridge Business Bancorp, an operating division of Bridge Finance Group, provided Draught Technologies, LLC and SJS Properties, LLC (collectively, the "Company") with a $1.98 million SBA 7(a) term loan to purchase commercial real estate, refinance debt, pay down trade payables and provide working capital. The Company, which is headquartered in Farmington, CT, is a manufacturer of a wide range of high quality draught dispensing equipment. They supply their products to major breweries in North America including Anheuser-Busch, Miller and Coors, as well as independent equipment wholesalers and catalog chains. "From start to finish this was the most efficient loan processing of which I have been involved. As the banking industry continues to consolidate nationwide it seems that small businesses in particular have fewer and fewer options. It's nice to know that BBB is there to support this very important segment of American manufacturing," said Steve Salcedo, President of Draught Technologies, LLC. "We are very appreciative to have been sought out by the advisors of Draught Technologies to complete their refinance. The Company has built a strong presence in their market and we believe this transaction has made them a stronger company and given them the ability to continue their growth," said Matt Smith, Director of Bridge Business Bancorp. ABOUT BRIDGE BUSINESS BANCORP Bridge Business Bancorp, an operating division of Bridge Finance Group, offers a combination of comprehensive loan products, decades of financial expertise and an unparalleled service approach unique to the lending industry. Through accounts receivable and inventory revolving loans; and equipment, cash flow and real estate based term loan lending products; Bridge is able to address the differing capital needs of its customers. Bridge is based in Chicago, Illinois with offices in the Northeast, Southeast, Midwest and West Coast. CONTACT Matt Smith, Director |