Brewery, Winery and Distillery Feasibility Study in Utah

Utah beverage makers: few loans, a low weighting

In Utah, beverage manufacturing drew 26 SBA approvals across FY2017 to FY2026, for $11.1 million of gross dollars. The location quotient is 0.35x: breweries, wineries and distilleries take roughly a third of the share in Utah's SBA lending that they take nationally. The class ranks 33 of 53 among states and 23 of 39 within Utah. A borrower should regard the low weighting as a fact about the record, not as an explanation of market demand.

Ticket, programs and lenders

The median loan is $304,500, or 1.05x the class benchmark elsewhere, and loans in the central band run $150,000 to $543,500. Program use is 20 loans on the 7(a) side and 6 on the SBA 504 side, with no franchising at 0.00%. Two lenders lead the 7(a) table with an equal count: First Utah Bank holds 5 loans worth $1.3 million, and Zions Bancorporation, National Association holds 5 worth $475,000, so First Utah Bank's holdings average much larger loans. Salt Lake County leads with 11 loans, Cache has 5, Weber 3, Carbon 2, and Davis, Grand, Iron, Summit and Wayne 1 each.

Rates held back

Loan Analytics withholds both the cancellation and charge-off percentages for Utah, because too few loans stand behind them. Read the blank as unknown, never as nil.

Testing a Utah brewery, winery or distillery

The study must show that the product can reach customers through the channels Utah allows, whether that means direct sales at a tasting room where licensed, distribution agreements or supply to bars and restaurants. It should test production capacity against the batches the market will absorb, equipment and build-out cost against a ticket near $304,500, and working capital for aging inventory, which can tie up cash for months before it sells. Debt service coverage needs a case with delayed licensing or slow distribution, and an appraiser will weigh the real estate, the tanks and stills, and the brand each on its own.

Two limits shape the record. The code speaks to what the borrower makes. Whatever a tasting room or event hall adds to revenue never reaches the record. The class definition also covers wineries, and the loans above follow it.