ADA Enterprises, Inc.
ADA Enterprises, Inc. is located in Northwood, IA, and the SBA lists its industry as Paint and Coating Manufacturing. It was approved for an SBA 504 loan ($1,318,000 SBA portion) on March 30, 2024 to finance real estate or equipment.
- Business type
- Corporation
- Business age reported
- Existing or more than 2 years old
SBA 504 loans
| Approved | SBA portion | Bank portion | Project size | Lender | CDC | Term | Jobs supported | Status |
|---|---|---|---|---|---|---|---|---|
| Mar 30, 2024 | $1,318,000 | $1,608,830 | $3,252,033 (estimated) | Clear Lake Bank & Trust Company | Siouxland Economic Development Corporation | 20 years | 10 | Approved, not yet funded |
Estimated project size is (SBA portion + bank portion) divided by 0.9, since the owner typically contributes about 10 percent. It is not an SBA-published figure.
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