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Missing Northern California restaurant owner was behind on loan

ROSEVILLE — A missing Northern California restaurateur, last seen leaving a Fort Bragg motel, was in default on a $1.5 million loan from a Roseville nonprofit intended to help kick-start his Sammy Hagar-themed restaurant.

The Sacramento Bee reports (http://bit.ly/1fRPNwG) Steve Pease of Roseville was last seen Nov. 3 when he checked out of a Fort Bragg motel and drove off in a rental car.

The Roseville Community Development Corporation announced Monday that the 57-year-old Pease was in default on the loan the agency had granted him a little more than a year ago as he got Sammy's Rockin' Island Bar & Grill off the ground.

Chris Maudru, who has been leading the effort to locate Pease, tells the newspaper it's inconceivable that his friend would disappear over a $9,000 monthly payment.

With Pease gone, the Roseville restaurant closed its doors Nov. 10.


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