Center for Rural Affairs Names Entrepreneur of the Year Award - Recipients Loop Brewing Company, LLC of McCook receive Prestigious Award
Lyons, NE – Loop Brewing Co., LLC, owned and operated by Tyler Ray Loop, Tyler Sue Loop, and Adam Siegfried of McCook, Nebraska have been chosen as the Entrepreneur of the Year Award recipients by the Center for Rural Affairs. The Loops and Siegfried were honored for their efforts to establish and grow their business Loop Brewing Company, as well as their integrity and leadership. They were recognized at a special awards banquet on Friday, March 13, held in McCook, Nebraska on the eve of the Center for Rural Affairs' quarterly board meeting.
The Entrepreneur Award is presented annually to an individual or individuals who best exemplifies the entrepreneurial spirit that defines and is so crucial to the future prosperity of Nebraska’s rural communities.
"REAP was extremely helpful in us getting the necessary financing we needed when we opened over 3 years ago. Adam and I are very appreciative of Dena and everybody at the Center for Rural Affairs for all their help then, and it still continues today,” said Tyler Ray Loop. “We are also very honored and humbled to be receiving their Entrepreneurs of the Year Award."
The brewpub serves specialty craft beer, brick oven pizza, and much more.
“We definitely have no regrets about opening the brewery. The hard work we put into the old rustic building next to the railroad tracks and the ability to be very creative in the food, beer, and other drinks we serve has really paid off,” Loop added. “We are still a very small brewery in comparison, but being able to say we make our own beer and be apart of a booming industry is one of the best parts about the business...and don't forget to try the homemade Root Beer and Cream Soda."
The company was established in 2011 in McCook, Nebraska with 10 employees. However, the idea started brewing in Tyler Ray’s mind back in 2008. After much research and support of family and friends, Tyler Ray won the 2010 Hormel Business Plan Competition – providing $25,000 in seed money to start the business. With that seed money, Tyler Ray and Tyler Sue studied under Master Brewer, Tom Hennessey of Colorado Boy Brewery. This experience and the continued mentoring have served the Loops well.
The historic building (once an Ice House), unique atmosphere, fresh brick oven pizza, and smooth craft beer delights locals and travelers alike. The brewery sits along the railroad tracks that shaped the town nearly 130 years ago.
Loop Brewing Company pays homage to its roots through an age-old tradition of quality, handcrafted brewing. You can enjoy the fine, handcrafted beer within sight of the very brewing tanks that produced it. They boast their beer is as rich as their heritage.
To make the project come to fruition, gap financing was needed. That is when Tyler Ray called on the Center’s Rural Enterprise Assistance Project-REAP. He met with Dena Beck, South West/Central REAP Business Specialist, several times and worked at fine-tuning the business plan.
“REAP is a great program and easy to work with,” mentions Tyler Ray. “I refer others to the program when people talk to me about starting their own business.” Tyler Ray has since been asked to mentor others starting breweries/restaurants in other states while constantly working on improving the quality of their products.
“Tyler was good to work with, thorough, passionate and was able to roll with the punches that often come with this type of endeavor,” mentions Beck.
For a picture of the owners of Loop Brewing Co., LLC accepting their award, visit: https://www.flickr.com/photos/cfra/sets/72157651361409956/
(Pictures courtesy of the Center for Rural Affairs)
For more information about this and other Center for Rural Affairs awards please visit: www.cfra.org.
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