Banc of California and Pacific Mercantile Bancorp announced that all required regulatory approvals for the mergers of Pacific Mercantile into the Company and Pacific Mercantile Bank into Banc of California, N.A. have been received. Subject to the...
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October 04, 2021, 07:46 AM
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Pacific Mercantile Bank 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...
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June 09, 2021, 07:27 AM
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Pacific Mercantile Bank provided a revolving line of credit to Quality Candy Company, a manufacturer and distributor of high quality hard candy and soft sugar candy. Along with the financing, Quality Candy utilizes a full suite of Pacific Mercantile...
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May 19, 2021, 06:22 AM
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Banc of California, the holding company of Banc of California, and Pacific Mercantile Bancorp, the holding company of Pacific Mercantile Bank, announced they have entered into a definitive agreement and plan of merger under which Pacific Mercantile...
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March 23, 2021, 08:16 AM
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Pacific Mercantile Bank provided a $4.0 million revolving line of credit to CRU Data Security Group (“CDSG”), an end-to-end data storage company. The revolving line of credit provided by Pacific Mercantile Bank is part of a debt infusion into CDSG...
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February 18, 2021, 07:40 AM
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Pacific Mercantile Bank has provided an $8.0 million credit facility to Upstrem, Inc. (“Upstrem”), a technological leader in the online reselling of surplus retail footwear and apparel stocks. In addition to the financing, Upstrem utilizes a full...
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December 04, 2020, 07:50 AM
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Pacific Mercantile Bank, the wholly owned subsidiary of Pacific Mercantile Bancorp, announced that it has provided a $6.4 million credit facility to Culinary International LLC consisting of a line of credit and a commercial term loan. In addition to...
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June 14, 2019, 08:50 AM
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Pacific Mercantile Bank, the wholly owned subsidiary of Pacific Mercantile Bancorp, announced that it has extended a $3 million credit facility to Platinum Roofing to support the continued growth of the company. In addition to the financing...
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April 04, 2017, 07:11 AM
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Pacific Mercantile Bank has increased the financing for Marque Medical to $3.9 million. The financing will be used by Marque Medical to open new urgent care clinic locations in Orange County. In addition to the financing, Marque Medical utilizes a...
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November 21, 2016, 07:28 AM
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Pacific Mercantile Bank has extended a $5.8 million credit facility to Hyperikon to help finance the company’s continued growth. In addition to the credit facility, Hyperikon will utilize a full suite of Pacific Mercantile Bank’s cash management...
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September 30, 2016, 07:22 AM
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Pacific Mercantile Bank announced the launch of its Solar and Renewable Energy Lending Group, which will offer specialized financing to companies engaged in sustainable, renewable energy projects across the United States.“Renewable energy financing...
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September 12, 2016, 07:43 AM
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Pacific Mercantile Bank, the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ:PMBC), is pleased to announce the following promotions within its senior management team:Kittridge Chamberlain has been promoted to EVP & Chief Banking Officer...
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February 29, 2016, 07:55 AM
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Pacific Mercantile Bank has increased its revolving line of credit with Argos Material Distribution to $2.25 million. In addition to the asset-based line of credit to finance accounts receivable, Argos Material Distribution utilizes the full array of...
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November 16, 2015, 07:23 AM
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Pacific Mercantile Bank provided approximately $19 million in financing to Marina Landscape, Inc. to help fund the company's ongoing operations and expansion plans. The total financing package consists of a working capital credit facility, a term...
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February 12, 2015, 07:26 AM
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Pacific Mercantile Bancorp announced Robert Anderson has joined Pacific Mercantile Bank, its wholly owned subsidiary, as Executive Vice President, Head of Asset Based Lending. Anderson will be leading the Bank's effort to grow its asset based loan...
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August 16, 2013, 07:57 AM
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