Stoker’s Brewing Company Receives $50,000 Loan
Stoker’s Brewing LLC received a $50,000 loan through the NEPA Alliance Tri-District loan fund, which includes funds from the Economic Development Administration (EDA) as part of a total project costing $140,000. The total project included the purchase of land, building and equipment. NEPA’s loan helped the company purchase new equipment necessary to begin their operations. Other project funds consisted of $50,000 from Mauch Chunk Trust Company and a $40,000 equity injection from the borrower.
Stoker’s was formed in July 2017 and is a self-distributing small microbrewery with a tasting room located in the heart of downtown Tamaqua. The company fills a niche in the Schuylkill County beer market by producing their own beer on-site in small batches using only the highest quality ingredients and abiding by world class brewing standards. Stoker’s is the area’s only microbrewery, giving the business a distinct competitive advantage as it offers an alternative to other tavern concepts. Stoker’s offers more than 8 high quality house-brewed beers on tap at all times. The owner, Douglas G. Drost, has extensive industry experience as an award-winning home brewer. He also attended America’s premier brewing school, The Siebel Institute of Technology in Chicago, where he earned his Professional Brewer Certification.
NEPA’s loan helped Stoker’s purchase new microbrewery equipment that allows the business to keep up with the demand from customers. Brewing takes place every Monday with one additional brew day per month in order to produce the appropriate volume of beer.
NEPA Alliance is a full service economic development lender offering 9 low interest loan programs for job creation and job retention in our region.
Pictured from left: Anthony Mehling, Eyewitness News; Michael Prock, Mauch Chunk Trust; Bruce Krell, Congressman Lou Barletta’s Office; Douglas Drost, Stoker’s Brewing Company; Jeffrey Box, NEPA Alliance; Ken Doolittle, NEPA Alliance, Linda Miller, Representative Jerry Knowles’ Office; Dave Nat, NEPA Alliance; Marta Gabriel, Senator Toomey’s Office; Connor Corpora, Senator Bob Casey’s Office; Micah Gursky, St. Luke’s Hospital Miners Campus and Gino DeGiosio, Jim Thorpe Neighborhood Bank.