ELLENTON — A popular Ellenton eatery is facing foreclosure.
Zions First National Bank filed a foreclosure suit against Roaring 20’s Pizza and Pipes earlier this month.
The bank claims the pizza establishment owes $473,556 in principal on a $700,000 loan it received in November 1998.
William G. Dickerson and his wife Barbara opened the Roaring 20’s Pizza and Pipes, known for its theater pipe organ The Mighty Wurlitzer, at 6750 U.S. 301 N. in December 1999.
The Mighty Wurlitzer has made the 400-seat pizza parlor a popular establishment in Manatee County over the years. Every night, a professional organist entertains Roaring 20’s patrons by playing the theater organ, which rises from a platform.
Dickerson did not return messages left for him at the restaurant. Bob Higgins, an attorney for Zions Bank, did not return a call seeking comment.
Roaring 20’s remains open for business, but it is unclear how the foreclosure suit will affect its future operations.
In the foreclosure suit filed Nov. 6, Zions First National Bank asks that the court appoint a receiver for the property.
The loan was issued to the Dickersons by Goleta National Bank in 1998 and assigned to Zions in June 2009.
Zions Bank claims in the foreclosure suit that the Dickersons have not made monthly payments on the loan since March 1. In addition, the bank claims it has not been receiving rent payments, according to court records.