SBA 7(a) Brewery, Winery and Distillery Feasibility Study in Maine

The Maine SBA 7(a) brewery, winery and distillery record at a glance

For brewery, winery and distillery projects in Maine, SBA logged 45 approvals in Maine from FY2017 to FY2026 under 7(a), $9.1 million in gross dollars. Maine's brewery, winery and distillery volume under SBA 7(a) ranks 23 across the states by loan count, while brewery, winery and distillery sits 6 of 39 within Maine's asset classes. Median loan: $118,000. Compared with brewery, winery and distillery (SBA 7(a)) loans in the rest of the nation, Maine runs at 0.47x on the median, a lighter ticket profile. The middle half of Maine loans fall from $50,000 to $235,400. Franchised borrowers account for 0.00% of the 45 loans. No brewery, winery and distillery metric among the 45 loans strays far from Maine's all-class record or the national class; for Maine, turn to the named institutions and the county spread.

Lenders, counties and timing in Maine

Among Maine lenders, the leaders here are Bangor Savings Bank (21 loans, $3.8 million), Northeast Bank (5 loans, $904,800) and Maine Community Bank (5 loans, $400,000). The Maine brewery, winery and distillery ranking tracks whoever owns each Maine loan; the original lender of those 21 loans may differ. By county, Cumberland with 24, York with 7, Androscoggin with 3 and Lincoln with 3 lead the brewery, winery and distillery loans in Maine. On the calendar for Maine, approvals peaked at 10 loans, worth $1.6 million, in FY2017, with FY2026 at 1 loan and $210,500.

Maine: outcomes, read as minimums for brewery, winery and distillery

Pulling out Maine brewery, winery and distillery loans that never funded: 4.8% of Maine's FY2017 to FY2024 approvals for brewery, winery and distillery ended in cancellation, and the high bound is also 4.8%. 30 brewery, winery and distillery loans in Maine went through disbursement in FY2017 to FY2021, and the charge-off share so far is 0.00%, while the five-year window also shows 0.00%; treat both as floors. Each Maine brewery, winery and distillery rate above is a minimum, since open brewery, winery and distillery loans among the 45 may yet change. Keep this in mind while reading Maine's 45 loans: making is what SBA's coding reveals: beer, wine or spirits; Maine taproom and event revenue is not visible, while wineries are included in the class.

What a Maine brewery, winery and distillery study has to test

Under 7(a), a Maine brewery, winery and distillery request, one of 45, is judged by the Maine participating lender, whose partly backed brewery, winery and distillery loan depends on Maine repayment capacity and the real estate the Maine study has to document. A Maine brewery, winery and distillery feasibility study should test production plans relative to distribution access and visitor draw. Equipment lead times, water and drainage capacity and permitting steps sit in the Maine brewery, winery and distillery cost plan. Stress the Maine brewery, winery and distillery cash flow at the $118,000 median plus at $235,400: coverage which holds only under the best case is not persuasive. An appraisal will split production building and trade fixtures, and the study treats the two separately. A borrower that approaches Bangor Savings Bank can treat its 21 loans here as background only, because what SBA publishes describes a book of loans and not the terms.

What Maine lenders authorized before is record, 45 loans' worth; a brewery, winery and distillery study from Daniel Smith, MAI, for Maine is where the project questions get answered, and these Maine figures promise no approval.