Craft Brewery Financial Training Podcast

PPP Round 2: What Breweries Need to Know


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In today's podcast we hear from Jason Sleeman from United Community Bank. Jason has 20 years' experience in banking, and the last 6 years running the craft beverage vertical for United Community Bank.

The hot topic on everyone's mind is the second round of PPP funding. 

  • What do breweries need to know right now to take advantage of this relief package?  
  • How does the NAICS code factor in to the PPP?  In other words, will production breweries who also operate taprooms qualify for a larger loan?  3.5x vs 2.5x of monthly payroll, for example.  
  • What about new breweries that just opened up as the pandemic was starting...will they qualify for relief?  

You've got questions, Jason has answers.

Key Topics:

  • PPP Round 2...Q&A with the lender
  • How to raise funds for a start-up brewery
  • Expansion financing overview...how to fund the new canning line

Resources:

  • Contact Jason Sleeman at United Community Bank
  • email: [email protected]
  • phone: 404-375-3945
  • Coronavirus Resource Center from McLane Middleton


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Ready to transform financial results in your beer business? Learn more about the Beer Business Finance Association, a network of owners and managers working together to build more profitable companies.

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