Port O’Pints Brewing Company
Challenge
Brewmaster Rick White and his wife Carol lived in Heidelberg, Germany working for the U.S Army Engineers and developing a great appreciation for historical and classic international styles of beer from around the world. Turning a hobby into a passion, Rick and Carol put their minds together and Port O’Pints was born, providing Del Norte county a place rich for friends to gather and enjoy fresh, craft beer and live music.
Gameplan
When the pandemic hit, they needed to turn to people with experience in navigating business challenges so they reached out to the SBDC with whom they created a year-end checklist and guidance on how to keep afloat in the midst of COVID. Their advisor taught them how to do a year-end report in Quickbooks and guided them through the paperwork entailed in applying for COVID disaster loans. They also took advantage of the SBDC’s webinars and learned how to create a spreadsheet that would track the PPP allowable expenses.
Results
Ultimately, Port O’Pints was able to keep their doors open, in great part by obtaining a $10,000 EIDL advance, a $150,000 EIDL, a $41,500 PPP, and a $5,000 local loan. They were also able to keep nine employees on staff, and most importantly, keep brewing beer!
