Latest / Craft Brewery Financial Training Podcast
PPP Round 2: What Breweries Need to Know
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…
The skinny
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