SHANNON’S ON PINE
JOBS CREATED BY LOAN: 45
LOAN AMOUNT: $540,000
Funding provided through Premier Business Bank supported tenant improvements to the old historic Bank of America building also known as the Bradley building located in the City of Long Beach.
The Shannon’s business complex is located at the corner of Broadway and Pine, placing it at the heart of the Pine Avenue business district, which itself is the heart of downtown Long Beach. The historic art deco Bradley building dominates the northwest corner of the intersection. Ron Hodges initially established Shannon’s Pub on Second Street in the Belmont Shore district of Long Beach 20 years ago; this 1,300 sq. ft. bar became a hit with the locals and a platform for many performers, including the legendary Long Beach Punk and Ska band Sublime.
Mr. Hodges opened Shannon’s on Pine in 2007 which is now a major local attraction and tourist destination.