Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ: PMBC), today announced that it has provided a revolving line of credit to Quality Candy Company, LLC (“Quality Candy”), 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 Bank’s depository products and treasury management services.
Quality Candy is a Nevada-based food processing company that provides contract manufacturing, custom formulation and related services for the commercial market.