MOOREFIELD — A lender is suing To Boldly Go LLC t/a The McMechen House and Dennis E. Adams, borrower and guarantor, citing alleged breach of commercial loan agreement.
FNB Bank Inc. filed a complaint on Jan. 4, in the Hardy Circuit Court against the defendants alleging that they breached their contractual obligations as set forth in the note.
According to the complaint, the plaintiff alleges that, in June 18, 2015, defendant TBG executed a commercial loan agreement, which was guaranteed by defendant Adams for $437,740, plus the additional amount of $25,000. After the sale of the property, the balance amount of $62,218.03 remains due and owing. The plaintiff holds To Boldly Go LLC t/a The McMechen House and Dennis E. Adams responsible because the defendants allegedly failed to make payments on the amounts that remains unpaid.
The plaintiff requests a trial by jury and seeks judgment against defendants for the total amount of $62,218.03, together with interest, litigation costs and such other just and reasonable relief. It is represented by Daniel T. Booth of Daniel T. Booth & Associates in Bridgeport.
Hardy Circuit Court Case number 17-c-2