City restructures deli’s loan | TheUnion.com
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City restructures deli’s loan

A business loan from a city fund has been restructured for a Grass Valley delicatessen to help it survive.

The Grass Valley City Council voted unanimously Tuesday night to restructure a $50,000 loan for Christopher’s Deli and Catering, spreading it over 10 years compared to the original five-year term.



The city gave the delicatessen the loan in April 2006, but by Sept. 2007, owner Christopher Lockhart was in arrears, according to city documents.

Since then, Lockhart has relocated from 408 Colfax Ave. to a less-expensive building at 206 W. Main St., where he remains in business.




“At my other location, I was having a tough time,” Lockhart said. “The city has been working with us and restructured our loan so we could remain solvent.”


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