Only 3.8% of ‘Brewing the American Dream’ recipients defaulting on loans
A Boston Beer spokeswoman tells me that only five loans have defaulted out of 129 loans that have been made so far. The cash value of the defaulted loans totals $22,000, or 2.3 percent of the $954,000-plus in loans already distributed through the program. As the loans are paid back, the funds end up in the pool to help pay for future loans.
via Wicked Local.
Breweries: The Boston Beer Company
