Local business benefits from Southwest Initiative Foundation microloan program
Andy “Pugs” Hayes received loan assistance from the Southwest Initiative Foundation’s (SWIF) Microenterprise Loan Program for the start-up of his small-batch brewery and tap room business Hayes Public House, located at 112 First Street South in Buffalo.
The production of quality beers and fine ales can take years to perfect and understand. Hayes has been working on his business venture for more than five years and perfecting his craft with his home-brew system for more than two years. He brings his skills to this business, which is not only Buffalo’s first small-batch brewery, but first production brewery to-date.
Hayes’ tap room—Irish pub-themed to connect to his family ancestry—focuses mostly on British style ales, including Irish Ales, Scottish Ales, and English Ales. Brews are available to the public on-sale by the pint and off-sale by the half gallon, or growler.
The pub also features live music with strolling musicians. Local artists are welcome to come in and share their talents. Business hours are Thursday: 5:00 PM – 10:00 PM, Friday & Saturday: 3:00 PM – 10:00 PM. Learn more at http://www.hayespublichouse.com/ and on Facebook. Hayes may be contacted at 763-746-6389.
“SWIF was pleased to assist Andy with the start-up of this business, which is a great amenity for the community of Buffalo, situated in a nice location with a beautiful view of the lake,” said SWIF Program Coordinator Berny Berger.
Loan programs have been a key function of SWIF since its inception as a way to support communities and businesses throughout southwest Minnesota. In 2001, microlending was added to existing programs as a tool to support small businesses and people looking for self-employment opportunities by providing market-rate loans.
Microloan clients receive free technical assistance from SWIF staff—all who have personal business experience—to improve their business management skills, from business planning to reading financials to marketing and other training opportunities for the life of the loan.
This microloan program receives funding assistance from the U.S. Small Business Administration and U.S. Department of Agriculture. For more information, contact SWIF at 800-594-9480, 320-587-4848 or firstname.lastname@example.org.
The Southwest Initiative Foundation is a single connection offering unlimited possibilities to grow and promote people, businesses, entrepreneurs and communities in rural southwest Minnesota. As a regional community foundation, SWIF has contributed more than $64 million through its grant and loan programs. SWIF has helped more than 630 businesses start or expand through its business finance programs, which have created or retained more than 8,000 jobs. SWIF has also established 16 Early Childhood Initiative coalitions, more than 50 Youth Energy Summit teams, 24 community foundations and more than 80 other funds. The Southwest Initiative Foundation is an equal opportunity provider and employer. To learn more, visit www.swifoundation.org.