FLORIDA · NAICS 3121
Florida craft producers anchor a documented 504 chain through Florida First Capital, from ground-up construction to equipment financing for startups. Studies separate production economics from hospitality revenue, address distribution channels, model taproom and tasting room throughput, and stage inventory aging cycles so coverage holds up against realistic ramp curves.
FEASIBILITY TRIGGER
Production capacity, taproom revenue, and inventory cycles make these projection-heavy deals where studies are routinely required.
Florida generated 119 SBA-disbursed brewery, distillery, and winery loans between FY2010 and FY2026, worth $77.0 million in approved 7(a) and 504 financing at an average of $647,000 per deal. Ranked #16 of 38 states for brewery, distillery, and winery SBA volume, the state captures 2.6% of national brewery, distillery, and winery dollars. 77.3% of the loans ran through 7(a) with 504 covering the remainder; 10 approvals have posted since FY2024.
| Disbursed loans (FY2010–FY2026) | 119 |
| Approved volume | $77.0 million |
| Average loan size | $647,000 |
| 7(a) share | 77.3% |
| Approvals since FY2024 | 10 |
| State rank by loan count | #16 of 38 |
Among the 89 seasoned loans in this segment (approvals FY2010–FY2021), 13.5% reached adverse resolution — purchased, liquidated, or charged off. The national benchmark for brewery, distillery, and winery is 8.1%, against 7.3% across all industries. That performance runs above the national benchmark for this asset class, which is a factor lenders weigh in their credit decision.
Source: SBA 7(a) and 504 FOIA loan-level data, as of March 31, 2026. Disbursed loans only. See data methodology.
A 13.5% adverse-resolution rate against the national brewery, distillery, and winery benchmark of 8.1% tells credit committees to scrutinize revenue projections and coverage assumptions closely on Florida deals in this class. A rigorous third-party feasibility study — built on documented demand, defensible pricing, and stressed coverage — carries meaningful weight in that underwriting conversation, particularly at an average loan size of $647,000 across 119 loans.
Every Florida breweries, distilleries and wineries project we underwrite follows the same lender ready process: independent market analysis, site and technical review, and financial projections tested against SBA SOP 50 10 8 standards. Our SBA feasibility study consultants guide explains scope, timing, deliverables, and what lenders and CDCs expect in the report.
The national SBA brewery feasibility study tests practical capacity, on-site coverage, distribution law and aging-inventory funding. Its lending ledger benchmarks a Florida brewery file against 5,393 disbursed SBA brewery loans.
Florida projects often fit SBA 504 where owner-occupied real estate anchors the deal, with the 50/40/10 structure delivering up to 90 percent financing at a fixed debenture rate, while SBA 7(a) covers acquisitions, working capital, and equipment. From July 4, 2026 eligible borrowers can combine 7(a) and 504 for up to $10 million in total program credit.
Florida First Capital's brewery book documents the 504 program covering every stage of a production business's life, from ground-up construction to equipment financing for startups.
For a national view of this asset class, see our brewery, distillery, and winery SBA feasibility overview, and read our related analysis in the brewery, distillery, and winery lending research on our blog.
Public SBA and CDC program records, cited as program evidence
$2.8M SBA 504 ground-up through Florida First Capital plus $300K Rebuild Florida working capital
7,500 square foot brewery, taproom, restaurant, and event space, woman- and family-owned
Bradenton, Manatee County
$3.4M total project through Florida First Capital
Brewery inside the Plant Street Market
Winter Garden, Orange County
Approximately $550K SBA 504 equipment loan through Florida First Capital
Equipment financing for brewery operations
Tallahassee, Leon County
SBA 504 equipment financing through Florida First Capital
Veteran-owned startup
Jacksonville, Duval County
Fifteen-minute scoping call, written proposal inside one business day, firm fixed fee before you sign.
Book a Meeting