ALABAMA

Dr. John C. Gamble
Alabama Agricultural Development Authority
P.O. Box 3336
Montgomery, AL 36109-0336
Telephone: (334) 240-7245 FAX: (334) 240-7270
E-mail Address: john.gamble@agi.alabama.gov
Organization Began: 1980

Program/Project Title: AADA Commodity Barn Loan Program
Program Began: 2005
Target Group: Alabama cattle producers
Description: Low cost loans (3 percent) from $7,500 to $22,500 to provide financial assistance for the construction of approved bulk commodity storage barns with a three year amortization schedule.

Program/Project Title: AADA Well Pilot Project
Program Began: 2006
Target Group: Alabama poultry producers
Description: Low cost loans (3 percent) limited to 80 percent of the project cost up to a maximum of $12,000 with a four year amortization schedule. To provide financial assistance for drilling a well to be used as an alternative source of water to supply their poultry operations.

Program/Project Title: AADA Experimental Vegetable Production Irrigation Project
Program Began: 1997
Target Group: Alabama vegetable producers adopting plastic/irrigation production methods.
Description: Low cost loans (2.5 percent) up to $10,000 per producer.

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