WASHINGTON — Plans for a micro-brewery in the town of Cedarburg
are moving forward after issues with a business loan were
addressed, according to Ozaukee Economic Development Executive
Director Kathleen Cady Schilling.
The Fermentorium will specialize in handcrafted beers and
micro-brews and is owned by Grafton resident Kristopher Volkman.
It will be located at 7481 Highway 60, across from Cedar Creek
Motor Sports. Its business model shows the brewery will offer
seasonal and limited release-only brews and will include beer
styles from the traditional favorites such as Hefeweizen – a
German wheat beer – to spirit barrel-aged beers.
In her update to the County Board Executive Committee earlier
this month, Schilling said the $50,000 loan, granted through the
town of Cedarburg loan program and supported by Port Washington
State Bank, will now be awarded to Volkman, instead of the
Schilling said the bank had concerns about being third in line
for repayment behind the county and Ridgestone Bank. The loan
will now be covered by personal collateral. Since the loan will
be used for building and well improvements, this fit the loan
obligations and increased the collateral position for PWSB,
Volkman and the property owner were able to work the payments
into the lease agreement, according to Schilling’s information
to the committee.
The company also attained a private equity investment and Small
Business Administration loan from Ridgestone Bank and an $80,000
revolving loan fund through the state’s Community Development
Block Grant Program.
To date, town of Cedarburg officials have approved zoning
changes and a building permit, but must still must issue a
liquor license, Town Administrator Jim Culotta said.
According to the business plan, the company will begin selling
wholesale kegs to area bars, 22-ounce bottles for retail sale
and 750-milliliter limited release beers at the brewery only.
The company will start by self-distributing its product.
According to the initial business proposal, the facility will
encompass an existing 12,500-square-foot corrugated steel
storefront and industrial space, where Critter Supply Central
was once located. An additional 77,000 square feet will allow
for a spacious beer garden, outdoor deck seating or event space.
Denise Seyfer can be reached at