Reno Rebuild Project kicks off 2022 with $28,000 loan

Reno Rebuild Project kicks off 2022 with $28,000 loan
Written by Publishing Team

Longtime Northern Nevada natives Luke and Staci Stevenson founded Sierra Mobile Storage in January 2020.

Longtime Northern Nevada natives Luke and Staci Stevenson founded Sierra Mobile Storage in January 2020. Image courtesy

Reno Rebuild celebrates its 10th anniversary this year and wastes no time getting started with quick funding.

This month, the project will provide a $28,000 loan to Sierra Mobile Storage, a company based in Incline Village that provides storage solutions throughout Reno, Carson City, Lake Tahoe and greater Northern Nevada.

Owners Luke and Staci Stevenson founded the company in January 2020 after studying self-storage for several years and seeing growing demand across the region, according to a Jan. 4 press release from Project Reno Rebuild.

Two months after opening, the COVID-19 pandemic has led to rapid restrictions in business across the Silver State.

According to the statement, “Under the pandemic, the biggest challenge for owners is finding the money to buy containers fast enough to meet demand.” “Conventional financing has been difficult because banks have specific and strict guidelines for lending to new businesses.”

A row of the company’s mobile storage containers, offered in 16-by-8-foot (1,024-square-foot) and 20 by 8 (1,280-square-foot) options. photo courtesy

Enter the Reno Rebuild project. the The program was launched in 2012 It is run by the owners of Brewer’s Cabinet, Sierra Tap House, Ole Bridge Pub and Shim’s Surplus in downtown Reno – Michael Connolly, Chris Cale and Zachary Cage.

The way the fund works, nickels for every item sold at Sierra Tap House, Ole Bridge Pub and Brewer’s Cabinet are transferred to the Reno Rebuild Trust at the Community Foundation in Northern Nevada.

Owners periodically review applications from area companies and select companies they feel are worthy of the loan.

The project provides loans from $5,000 to $50,000 for 3-5 years at 4 percent interest. All interest and loan repayments go directly to the Reno Rebuild Fund for future projects and investments.

“With already growing community support (Sierra Mobile Storage), it made sense to support the continued growth of this company through the Reno Rebuild project,” Cage said in a statement.

According to the press release, Sierra Mobile Storage will use financial support to increase stockpiling and support services to deal with the rapid influx of new residents into the Reno-Tahoe area due to the pandemic.

“Reno Rebuild is a rare and valuable program,” said Luke Stevenson. “They have been where we are, struggling to get the financing to grow and thrive.”

The $28,000 loan comes after
The Reno Rebuild project got $50,000 last September To the Bar Down hockey store located inside Reno Ice: Jennifer M. O’Neal Community Ice Arena in southern Reno. Bar Down Hockey Shop has qualified as the largest recipient of the 2021 Reno Rebuild project loan.

“The Reno Rebuild project is a special part of the community,” said Austin Schoen, co-owner of Bar Dawn hockey store, previously. “It shows how supportive Renault’s local entrepreneurs and business owners are. This project has allowed our new store to become a reality.

Aside from sponsoring the downtown project foundations, individuals and businesses can also donate to the fund. visit Find out more and apply for a loan.

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