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

Oklahoma craft producers: closely tied to two counties

Beverage makers in Oklahoma borrowed 38 times under 7(a) in the ten fiscal years, for $9.8 million in gross dollars. A median of $172,500 is 0.69x the nationwide figure, and the middle loans span $84,825 to $331,675. No franchise activity appears at 0.00%. By count Oklahoma sits at 25 among states, and the class is placed 14 of 39 locally. The 38 approvals leave room for a feasibility reader to learn from each one, because a single large loan changes the totals visibly. Oklahoma's ratios do not stand apart from both of its parents on our margin test.

Holders and counties

The Citizens Bank of Edmond has 9 loans and $2.0 million, BancFirst 8 loans and $2.7 million, and both are listed as current holders. Oklahoma County has 18 loans, Tulsa 6, Logan 4, and Cleveland, Kay and Washington 2 each, so the class is anchored in the two metros plus Edmond's surroundings. Approvals were 7 loans each in FY2017, FY2019 and FY2022, with no approvals in FY2021 or FY2026, and a single loan of $450,000 in FY2024.

Oklahoma's cancellation floor is 5.6%, matched by the ceiling. For charge-offs the early funded cohort is too small to publish a rate, and we do not describe the gap as zero.

A study for an Oklahoma producer

The code identifies a borrower that makes beer, wine or spirits, and says nothing of a taproom or tasting room, which may carry much of a producer's income. A study should therefore keep three income streams apart: sales to distributors, sales direct to buyers, and on-site hospitality. Oklahoma's alcohol laws shape what a producer may sell, where and to whom, so the study must set out the licences needed and the timeline to obtain them, which affects the opening date and the interest carried before revenue. Production equipment and capacity decide how much can be sold, and the study should weigh how often tanks and barrels can turn over against orders from distributors and retail. Show coverage with a conservative taproom assumption. Equipment is specialised and may have little resale value, so the collateral discussion should be candid. Appraisal of a production building with a tasting room will look at both.

A median of $172,500 suggests that equipment, a small build-out or working capital for inventory is common in Oklahoma. The study should therefore show how long beer, wine or spirits take from production to sale, and how much cash is tied up in that cycle before the first payment from a customer arrives.