Brewery, Winery and Distillery Feasibility Study in the Seattle-Tacoma-Bellevue, WA Metro Area

Seattle breweries, wineries and distilleries

Beverage manufacturing (breweries, wineries, distilleries) sits 15 of 39 among the classes of Seattle, Tacoma and Bellevue, and the area ranks 9 of 443 for it. A location quotient of 0.96x lands close to the national mix, so the class is a mid-ranked borrower locally even as the area ranks high among all areas. From FY2017 to FY2026 the files carry 56 loans for $30.4 million, 45 of them in King County. The median loan is $250,000, which is 0.86x the national median for the class, and the core of the distribution runs from $118,750 to $532,250.

Franchise ownership reads 0.00%. Banner Bank holds 12 loans for $3.6 million, KeyBank National Association holds 8 for $2.2 million, Columbia Bank (OR) holds 6 for $1.9 million, and Washington Trust Bank holds 5 for $6.9 million. Loan Analytics withholds the program split and both rates because too few loans support them. The lender figures show the current holder SBA lists and say nothing of Banner Bank’s requirements. This is a holding record. Banner Bank’s 12 loans are the most of any holder named, but Washington Trust Bank’s 5 loans carry the most dollars, so count and dollars point to different holders.

Loan Analytics prints no cancelled-after-approval floor and no charge-off percentage for this area, given how few loans exist; missing never means zero. Approvals by year in Seattle, Tacoma and Bellevue: 6 loans and $3.7 million in FY2018, 8 and $1.7 million in FY2019, 7 and $7.3 million in FY2021, 9 and $2.5 million in FY2022, and 9 and $8.3 million in FY2023.

Seattle beverage: class boundary and testing a beverage plant

Here the class covers firms that brew, ferment or distil, with wineries counted in, and nothing in the code points to taproom, tasting room or event activity. A beverage maker loan belongs to Seattle, Tacoma and Bellevue on its project county per the July 2023 boundaries; a loan with no county match is not included. A feasibility study should test production capacity against distribution, equipment and barrel or tank cost, license and excise treatment, tasting room sales if any, and debt service on a seasonal business. Nothing in these figures implies approval of any loan.