FAIRMONT - If all goes as planned, Fairmont could soon have another option for dining out.
Sarah and Nathan Brown of rural Ceylon were approved Monday for a loan to help purchase and renovate the building at 2321 Albion Ave., formerly known as the Sirloin House.
According to the loan application submitted to Fairmont Economic Development Authority, the couple plan to purchase the building and all equipment for $210,000, with $250,000 going toward remodeling. The Economic Development Authority approved lending $75,000 in gap financing, contingent on the bank loan of $345,000 going through.
"Nate and Sarah Brown have a history in their family of lakeside supper club and resort management," Mike Humpal, city administrator and EDA director, wrote in a memo supporting the project. "They have a vision of a mixed fine and casual dining experience. They believe that there is a service gap in the table service restaurant business in the area."
Would $250,000 be enough for remodeling, asked Wes Clerc, Fairmont city councilman, EDA member and owner of several area McDonalds.
Work on the building includes major roof repairs as well as cosmetic fixes inside and out, but the couple will be doing much of the latter themselves.
Joe Kallemeyn, who also serves on City Council and the EDA board, vouched for the Browns: "They're a hard-working family."
The EDA board was enthusiastic that someone is purchasing the Sirloin House property.
"If something doesn't happen soon it will just be a lot," said Gene Tonne, EDA chairman.