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Home Borrowers Retail Straub Brewery Inc.

Straub Brewery Inc.

Location:

303 Sorg Street
St. Marys, PA

County:

Elk

Description:

Business Expansion Loan

Total Project Cost:

$2,311,562

Visit Online:

straubbeer.com
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The Progress Fund’s process was streamlined yet very professional and substantive.  They also truly became an advisor to us, advising us on the substance of the project and encouraging us.  They put their money where their mouth was, starting with David’s encouragement and guidance.”

Vince Assetta, Vice President, General Manager & Brewmaster

People

Long before every town had a taproom, St. Marys had The Eternal Tap.  Flowing since 1872, it’s been an edge-of-the-forest pilgrimage site for those seeking the very freshest samples of Straub, the honestly fresh beer.  The craft beer revolution and the taproom craze taught the brewing world what the Straub family has know since the 19th century:  Beer is tastiest when it’s an experience.

Progress

With the help from Senator Joe Scarnati, Straub combined state funds, their own resources and a $1,344,000 loan from The Progress Fund.  The combination of these funds covered the purchase of neighboring properties and construction of a taproom with indoor and outdoor seating, gift shop, beer garden and walkway to the brewery, plus conversation of a house into event space.

Impact

The four-acre campus serves all of Straub’s varieties, of course, plus a food menu.  It’s been a hit with locals and with many of the half-million annual visitors to the surrounding Pennsylvania Wilds.  In addition to money, says  Vince, The Progress Fund brought to the project a bigger concept:  “The town of St. Marys, our home for 150 years, becoming a welcoming gateway community to the Pennsylvania Wilds.

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More Retail Stories More Wine, Beer & Spirits Stories

Retail Wine, Beer & Spirits

Previous borrower Voodoo Brewing Company, Inc.
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