Working with Scott and Alicia has been great. They were enthusiastic about our project and excited along with us as we were achieving. We would 100% recommend Scott and the team at Dogwood State Bank to other small business owners, not just because we got the loan we needed, but because of the way they work. Through the process, they helped us grow, get organized, and succeed.
Client Profile
Panzú Brewery is a new craft brewery bringing a full range of year-round craft beverages to Mint Hill, North Carolina, including Pilsner, New England and tropical IPAs, American, blonde, and amber ales, wheat beers, and stouts. Not limiting themselves to craft beverages, owners Rosa Marte de Pacheco and Johan Marte, will bring high-end tapas inspired by their homeland, the Dominican Republic, featuring fresh tropical fruits, pork, plantains, and more. Panzú Brewery will also incorporate fresh and creative seasonal offerings made with top-quality ingredients, from the variety of hops used in their beers to the exotic spices in their kitchen. Customers can expect indoor and outdoor seating, along with table service, to help create an intimate atmosphere amid Mint Hill’s thriving downtown.
Loan Profile
Before immigrating to the United States, siblings Rosa and Johan were shareholders in their family business, a fruit pulp production company built 30 years ago by their father. Today, they pay tribute to their father in the brewery’s name, as Ariel Marte’s grandchildren called him “Papa Panzú.” Papa Panzú’s hard work and perseverance is the inspiration behind this new venture, something Rosa and Johan know he would have loved to be a part of. To finance the business, Rosa and Johan chose to pursue an SBA Loan, and, together with Business Lending Specialist, Scott Birkner, secured an SBA 7(a) Loan for the brewery startup. The business owners were attracted to the SBA Program for the unique financing opportunity it provided a new business like theirs, allowing them to build credit as a company and providing the flexibility and favorable rates they were seeking. Ultimately, the SBA Program allowed Rosa and Johan to make their dreams a reality.
The SBA Program provides a unique opportunity and flexible terms for small business owners in need of a loan. To learn more about the programs we offer and get to know Business Lending Specialist, Scott Birkner, visit our website.
