The Atlanta Development Authority has closed a $125,000 loan to Atlanta-based Peachtree Baker, LLC, which will open White Oak Kitchen & Cocktails in the office tower at 270 Peachtree St. in downtown Atlanta.
The restaurant is part of the Brewed to Serve Restaurant Group, Inc., which also owns Max Lager’s Wood-Fired Grill & Brewery about a block away. Brewed to Serve has operated in the city for more than 13 years.
The restaurant’s owners, Cindy and Alan LeBlanc, will use the ADA-sponsored loan to help pay for renovation of the former All-Star Café space, which is expected to cost $1.275 million. White Oak Kitchen & Cocktails will serve Southern cuisine and is expected to open early next year.
The space is currently vacant and has been for several years.
“This loan will do precisely what our program intended – help an Atlanta company expand and create new jobs,” said Lonnie Saboor, manager of small business finance at Atlanta Development Authority.
Atlanta Development Authority provides financial and technical assistance to small, minority and female-owned businesses to expand and/or relocate in the city. The loans are made available through the City of Atlanta.