Brewery, Winery and Distillery Feasibility Study in the Denver-Aurora-Centennial, CO Metro Area

Denver beverage makers borrow large

Beverage manufacturing (breweries, wineries, distilleries) sits 14 of 39 among the classes of Denver, Aurora and Centennial, and Denver, Aurora and Centennial sits 15 of 443 among areas. Its location quotient of 0.86x leaves the class slightly below its national share. The files carry 49 loans for $41.6 million, FY2017 to FY2026. With a location quotient below the national share but a large median, the picture is of fewer loans that run large. Loan size is the notable feature: the median is $525,000, which is 1.81x the national median for beverage makers, while the central half of loans spans $250,000 to $792,000.

Jefferson County has 18, Denver County has 13 and Douglas County has 6, so Jefferson and Denver together outweigh the rest of the record. Franchise ownership reads 0.00%. The 7(a) names are Live Oak Banking Company: 7 loans, $7.3 million, as well as BMO Bank National Association: 5 loans, $3.1 million. The lender figures list the holders of record in SBA’s ledger, and they imply no judgement of Live Oak Banking Company or any other holder. This area shows no division of its loans between 7(a) and 504, since the counts are too small to show; none is inferred.

SBA files for Denver, Aurora and Centennial beverage maker show a cancellation floor of 12.5% on FY2017 to FY2024 approvals, and the true share may run higher. Loan Analytics withholds a charge-off rate and the counted-as-cancelled ceiling because the cohort is under 30 loans; none is inferred. Only two years print: FY2018 shows 13 loans for $9.6 million; and FY2021 shows 6 loans for $7.5 million. FY2021 carries the heavier dollar load per loan, and with the other years blank the yearly shape cannot be read, so the 49 loans are best taken as one pool.

Denver beverage: class scope and a study

In Denver, Aurora and Centennial the class means makers of beer, wine or spirits, wineries included, and the code does not show a taproom, tasting room or event use. A beverage maker loan belongs to Denver, Aurora and Centennial using the financed site’s county measured on the July 2023 map. A loan whose county cannot be placed on that map is left out of the area. A study should test production capacity against distribution, barrel or tank and still costs, state licensing and excise, direct-to-consumer sales, and debt service in a business with long aging cycles. Nothing in these figures pledges credit.