Bank says borrower defaulted on loan

By Robert Hadley | May 20, 2016

KEYSER – A Maryland bank is suing a Mineral County company for allegedly skipping its loan payments since last October.

First United Bank & Trust filed a lawsuit May 9 in Mineral Circuit Court against SHK Enterprises Inc. and Robert D. Harman, alleging breach of contract.

According to the complaint, SHK borrowed $40,000 from the plaintiff on Dec. 22, 2010, with Harman personally guaranteeing the debt via a promissory note. However, the suit says SHK has made no payments on the loan since Oct. 19, 2015, leaving First United Bank with the option to call in the note and collect the remaining balance owed. The bank says its attempts at collection have been ignored.

The plaintiff seeks damages totaling $37,914, including late fees, principal and interest. It is represented by attorney James C. Eberly Jr. of Hidey, Coyle and Monteleone in Cumberland, Md.

Mineral Circuit Court Case number 16-C-33

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