Brewery, Winery and Distillery Feasibility Study in the Grand Rapids-Wyoming-Kentwood, MI Metro Area

Brewery, winery or distillery loans in Grand Rapids-Wyoming-Kentwood

Beverage makers around Grand Rapids sit above their national share, at 1.15x, but borrow less than producers elsewhere, with a median 0.70x the national median. In Grand Rapids-Wyoming-Kentwood, MI, breweries, wineries and distilleries account for 27 approved loans and $9.8 million, FY2017 through FY2026. Among Grand Rapids-Wyoming-Kentwood classes it ranks 8 of 39; against areas nationwide, Grand Rapids-Wyoming-Kentwood, MI ranks 35 of 443. At 1.15x on the location quotient, breweries, wineries and distilleries take a larger share of Grand Rapids-Wyoming-Kentwood loans than of loans nationally. Grand Rapids-Wyoming-Kentwood loan size runs low: $203,400 at the median, 0.70x the nationwide median for breweries, wineries and distilleries.

The middle half of Grand Rapids-Wyoming-Kentwood loans runs from $50,000 to $359,350. A request well above $359,350 would be among the biggest in Grand Rapids-Wyoming-Kentwood. Loan Analytics withholds the program split for Grand Rapids-Wyoming-Kentwood, MI; no 7(a) or 504 count shows. Franchise share stands at 0.00% for breweries, wineries and distilleries. Weigh the request against the $203,400 median. Ordinary requests fall in $50,000 to $359,350. State the brand path in the study. Without counts, test each SBA structure. A producer planning a taproom should note that the class records production only; visitor and event uses do not show.

Holders, places and years in Grand Rapids-Wyoming-Kentwood

Under SBA 7(a), SBA lists The Huntington Nationwide Bank with 18 loans worth $3.1 million as current holders. Each name marks a present holder. It cannot show what a lender wants. The county table lists Kent County, MI (16 loans) and Ottawa County, MI (11 loans). The years that print are FY2018 (11 loans, $3.2 million) and FY2024 (0 loans, $0). Loan Analytics holds back the other years. There are not enough loans per year. A gap is no year without loans. These scattered years establish no direction. A lender will read Grand Rapids-Wyoming-Kentwood figures against the project. Evidence for the project must come separately.

Testing a brewery, winery or distillery project in Grand Rapids-Wyoming-Kentwood

Cancellation and charge-off rates: none for Grand Rapids-Wyoming-Kentwood breweries, wineries and distilleries. The cohort is under Loan Analytics' floor. No loss floor can be quoted. Areas follow the 2023 federal delineation. Loans reach an area via county. County names do the matching. Any unplaced loan belongs to no area. 27 approved loans carry $9.8 million in Grand Rapids-Wyoming-Kentwood. No total replaces the project. Underwriting a brewery, winery or distillery in Grand Rapids-Wyoming-Kentwood turns on cash flow while inventory ages; federal and state licensing; the market within reach of the site; water, waste and compliance cost; distribution and shelf access; margin per unit after excise and packaging; tank, still or kettle cost against the $203,400 median; inventory that ties up cash; and the appraisal of a production building. Nothing here predicts a new Grand Rapids-Wyoming-Kentwood brewery, winery or distillery outcome. Each study stands alone.