Metro Area Development Corporation (MADCO)
SBA 504 loans for Oklahoma small businesses, including manufacturers, buying real estate and equipment.
About
Metro Area Development Corporation (MADCO) has been "Financing Oklahoma Businesses Since 1984" and describes itself as "a non-profit Certified Development Company (CDC)" that works with the U.S. Small Business Administration on SBA 504 loans. Its site asks, "Looking to expand your manufacturing business, purchase equipment, or build new facilities?" and names manufacturers first among its examples of eligible businesses. Who it is for: Oklahoma small businesses buying, building or renovating a building they occupy, or buying machinery and equipment with a long useful life.
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