EAST VILLAGE — This bar never paid its tab.
A New Jersey bank filed suit against East Village soccer pub Nevada Smiths after the bar failed to make the last four payments on a $150,000 loan taken out last April, according to court papers filed Wednesday in New York Supreme Court.
The bar now owes the lender, Noah Bank in Fort Lee, a total of $146,789.21 after ignoring “demands for payment,” the lawsuit reads. The figure is a total of the remaining balance plus late payment and interest charges, according to the court documents.
Nevada Smiths opened its current location at 100 Third Ave. in April 2013 after leaving its original address in 2011 to make way for luxury condos.
The bar shows up to 100 live soccer matches each week on its 14 plasma screens spread across two floors, according to its website. The bar also features huge projection screens, which required a crane to hoist them through the window.
According to a promissory note included in the lawsuit, repayment began a month after the loan was issued in April 2014. The $1,665.31 installments were due on the first of each month, the document said.
However, the bar missed a payment in December and has since stopped paying back the loan, the bank’s attorney Jae-Ung Choe said.
The bank now wants its money back plus any other costs and fees related to the lawsuit, according to court documents.
It is unclear why Nevada Smiths' owners took out the loan. The bar did not immediately return requests for comment.
With reporting from Ben Fractenberg.
