SAN JOSE, CA--(Marketwire - January 11, 2011) - Bridge Capital Holdings (
"Working with the United States Small Business Administration and utilizing the 7(A) Loan Program to assist Manresa was a natural fit," said Ken Mannina, Senior Vice President and Regional Sales Manager of Bridge Bank's SBA Group. "Closing this SBA loan will help them implement plans to enlarge the dining room and to add a full service bar/lounge area." Manresa credits Sterry Architect of Oakland with the design, and completing the improvements will be General Contractor TICO Construction, Inc., of San Jose.
"Chef David Kinch and I are excited to be able to expand Manresa in 2011, and provide our guests with a superlative dining experience," said Michael Kean, general manager and partner of Manresa. "With the help of Bridge Bank, we are able to elevate our beverage program with a new bar, and welcome our guests with the addition of a new lounge and reception area. We appreciate Bridge Banks support, which allows us to continue to build our dream restaurant in Los Gatos. It is a pleasure to be associated with them."
Manresa has been recognized for its fine dining experience with a Two Star Michelin rating for five consecutive years (2007-2011) and Four Stars from Mobil Travel Guide. Executive Chef Kinch has won the cooking competition against Bobby Flay on Food Network's Iron Chef America and received the 'Best Chefs in America' award for the Pacific region from the James Beard Foundation.
"Bridge Bank is excited to be part of the expansion for this renowned restaurant," said Ramona Valverde, Vice President with Bridge Bank. "The SBA program allows us to finance the expansion of well-managed businesses like Manresa, even during times of economic uncertainty."
About Manresa Restaurant
Manresa is the showcase for the inventive cuisine of Executive Chef David Kinch. Influenced by French and modern Catalan cooking, Chef Kinch finds inspiration from European traditions and refinement, American ingenuity and the vast bounty that California has to offer. Manresa's biodynamic vegetables are grown exclusively for Manresa at Cynthia Sandberg's Love Apple Farm in the nearby Santa Cruz Mountains and harvested in the morning for the evening menu. For more information about Manresa Restaurant, please visit their website at www.manresarestaurant.com.
About Bridge Capital Holdings
Bridge Capital Holdings is the holding company for Bridge Bank, National Association. Bridge Capital Holdings was formed on October 1, 2004 and holds a Global Select listing on The NASDAQ Stock Market under the trading symbol BBNK. For additional information, visit the Bridge Capital Holdings website at www.bridgecapitalholdings.com.
About Bridge Bank, N.A.
Bridge Bank, N.A. is Silicon Valley's full-service professional business bank. The Bank is dedicated to meeting the financial needs of small, middle-market, and emerging technology businesses. Bridge Bank provides its clients with a comprehensive package of business banking solutions delivered through experienced, professional bankers. Visit Bridge Bank on the web at www.bridgebank.com.
Forward-Looking Statements
Certain matters discussed in this press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, and are subject to the safe harbors created by that Act. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. They often include the words "believe," "expect," "anticipate," "intend," "plan," "estimate," or words of similar meaning, or future or conditional verbs such as "will," "would," "should," "could," or "may." Forward-looking statements describe future plans, strategies and expectations. Forward-looking statements are based on currently available information, expectations, assumptions, projections, and management's judgment about the Company, the banking industry and general economic conditions. These forward-looking statements are not guarantees of future performance, nor should they be relied upon as representing management's views as of any subsequent date. Future events are difficult to predict, and the expectations described above are necessarily subject to risk and uncertainty that may cause actual results to differ materially and adversely.
Forward-looking statements involve significant risks and uncertainties and actual results may differ materially from those presented, either expressed or implied, in this press release. Factors that might cause such differences include, but are not limited to: the Company's ability to successfully execute its business plans and achieve its objectives; changes in general economic, real estate and financial market conditions, either nationally or locally in areas in which the Company conducts its operations; changes in interest rates; new litigation or changes in existing litigation; future credit loss experience; increased competitive challenges and expanding product and pricing pressures among financial institutions; legislation or regulatory changes which adversely affect the Company's operations or business; loss of key personnel; changes in accounting policies or procedures as may be required by the Financial Accounting Standards Board or other regulatory agencies; and the ability to satisfy requirements related to the Sarbanes-Oxley Act and other regulation on internal control.
The reader should refer to the more complete discussion of such risks in Bridge Capital Holdings' annual reports on Forms 10-K and quarterly reports on Forms 10-Q on file with the Securities and Exchange Commission. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect subsequent events or circumstances.