Brewery, Winery and Distillery Feasibility Study in New Mexico

New Mexico beverage makers: a location quotient above 2

New Mexico leans on beverage making far more than the country does, and the 2.11x location quotient says so plainly. The cell logs 36 approvals worth $26.8 million over FY2017 to FY2026. New Mexico stands 29 of 53 among states, and the class sits 9 of 39 among its industries. The $396,000 median is 1.37x the usual national ticket, with the bulk of loans between $165,625 and $981,250. No outcome metric is marked as differing here, but the cell's weight in the state is its main feature.

New Mexico producers used 7(a) for 26 loans and 504 for 10; none is franchised, 0.00%. Live Oak Banking Company has 8 loans and $11.4 million, a high average ticket. Capital Certified Development Corporation has 6 loans and $4.9 million, and Western Commerce Bank has 6 loans and $1.9 million. Visitor rooms and events stay hidden in this data, because the industry code lists only what the borrower produces.

Bernalillo and Santa Fe

Bernalillo County has 15 loans, Santa Fe 6 and Sandoval 4, with Curry, Dona Ana, Eddy and Taos at 2. FY2021 produced 8 loans worth $3.2 million, FY2025 produced 4 worth $5.2 million, and FY2017 only 1. Rates for cancellation and for loss do not appear for New Mexico, since both cohorts are below the 30-loan line, and those gaps are not zeros.

Questions for a New Mexico producer

The study should test where the product will be sold: taproom, distribution, restaurants and out-of-state accounts, and the regulatory path each requires. Capacity and equipment determine cost, and a facility with a tasting room needs separate review of foot traffic and tourism. Lenders should size repayment on volumes that the producer can sell in the open market. The appraisal should value specialized equipment conservatively. Where a winery or distillery owns land, the real estate can carry more of the collateral than the equipment, which changes how a lender should read the loan and what protection the file needs. Because the state weight is so high, the study should also ask whether local demand can absorb new entrants.