The Alabama Agricultural Development Authority (AADA) is a public corporation that promotes the development of agriculture in Alabama. AADA makes loan funds available to persons engaged in agriculture in Alabama for use in agricultural and agribusiness operations at interest rates lower than would be otherwise attainable.
AADA is a stand alone, separate public corporation with its own Board of Directors and staff. Although closely connected, AADA does not come under the oversight or funding of the State of Alabama Department of Agriculture and Industries. AADA's funds are loaned to deserving agriculture interests. Low cost loan assistance is available to Alabama farmers and cattlemen for cattle working facilities, commodity barns, hay barns, cold storage facilities, irrigation projects, and equipment sheds.
Visit the Loan Programs webpage for details on loan programs currently available for Alabama agriculture.