Brewery files for bankruptcy
A brewery in the region that closed its doors has filed for bankruptcy.
Dutch Girl Brewery — which was located in Spring Lake, at 14964 Cleveland St., before closing on March 14 — filed for Chapter 7 bankruptcy yesterday.
Chapter 7 bankruptcy allows a bankruptcy trustee to tally and sell the debtors’ non-exempt assets and distribute the proceeds to pay creditors, liquidating the remaining assets and in many cases, discharging the debt.
Dutch Girl Brewery owners Luke Finchem and Melissa Kelly Rozema Finchem owe 31 creditors a total of $333,576.32, according to documents filed with the U.S. Bankruptcy Court for the Western District of Michigan.
The couple had assets of $157,406, including machinery, equipment, vehicles and inventory. The brewery was located on a leased property.
The company reported 2016 revenue of $298,868.34.
Dutch Girl Brewery's creditors include the Internal Revenue Service, Michigan Department of Treasury, Beer City Glass, Blue Label, Brark Industries, Carbonic Systems, Charter Communications, Consumers Energy, Victory Apparel, Country Malt, PNC Bank, Ingraberg Farms and several individual creditors.
The brewery opened in 2015.
In March, the owners announced on Facebook, without citing a reason, that they closed the business and were attempting to sell it for $350,000.
They said at the time that if no buyers came forward, they would auction its assets.
“We learned a lot about opening a small business and will forever be proud of our craft beers, unique dishes and warm atmosphere with great staff,” the owners said in a Facebook post on March 14.