Coastal Area District Development Authority - CADDA

Coastal Area District Development Authority - CADDA Coastal Area District Development Authority, Inc. In addition, CADDA is an SBA Community Advantage Lender and an SBA 7(a) loan packager.

💼 Empowering small businesses with accessible, affordable loans longer than any other certified development company in Georgia
🧭 Serving Georgia, North Florida and the Low Country of South Carolina
📍 Offices in Savannah & Brunswick (CADDA) is a non-profit corporation whose mission is to provide economic development lending programs to small businesses and industries expanding or locating in Georgi

a, north Florida, and the low country of South Carolina to improve the economic conditions of the region through the creation and retention of jobs using our various loan programs. CADDA was created in 1976 to administer a $5 million grant from the Economic Development Administration (EDA) that allowed a seafood processing plant to keep its operation in the community. The grant agreement and loan repayments created the first and largest rural Revolving Loan Fund (RLF) in the United States. As loans are repaid, the funds are loaned to other qualified businesses within a nine-county coastal Georgia service area. In 1982, CADDA became a Certified Development Company (CDC) for the purpose of delivering the Small Business Administration (SBA) 504 Loan Program. The SBA 504 program provides long term, fixed rate, below market interest rates, and up to 90% financing of eligible fixed assets to expanding small businesses. Recognizing the need for more targeted lending in rural areas, CADDA added the United States Department of Agriculture Intermediary Relending Program (IRP) for eligible businesses in rural areas that may not be able to obtain credit through other sources. In July 2020, CADDA was awarded a grant of $10 million, the largest in the southeastern United States, from the EDA to launch a loan fund to assist businesses impacted by the COVID-19 pandemic. Helping small businesses grow and succeed is our business. We look forward to using our knowledge and experience to find the right financing opportunity for your business.

Join the RLF Community of Practice for the upcoming webinar, Dealing with Delinquencies and Defaults.CADDA is proud to s...
06/22/2026

Join the RLF Community of Practice for the upcoming webinar, Dealing with Delinquencies and Defaults.

CADDA is proud to share that our CEO, Terrence “Terry” Louk, will be one of the featured presenters. The discussion will cover early warning signs of potential defaults, practical steps lenders can take when concerns arise, creative approaches to help borrowers stay on track, and escalation options when repayment becomes difficult.

This is a great opportunity for RLF administrators, lenders, and economic development professionals to gain practical insight into managing delinquencies and protecting loan portfolios.

Register here: https://mailchi.mp/growamerica.org/reminder-dealing-with-delinquencies-and-defaults-webinar-is-tomorrow?e=1b340c2160

Join the RLF Community of Practice at 1-2pm ET TOMORROW for the webinar “Dealing with Delinquencies and Defaults.”  

06/18/2026

It's five o'clock somewhere, and what better place to be than Marsh Pirate? 🏴‍☠️

CADDA provided the financing to purchase and renovate the building, so Chuck and Christina Hill could turn their vision into the destination marina, taproom, and outfitter it is today.

Full story coming next week as part of our 50 years of impact series!

06/12/2026

Sliding into the weekend by reliving the best moments from our 36th Annual Golf Tournament!

From the shotgun start to the awards lunch, this year's tournament was one for the books.

A special thanks to headlining sponsors who made it possible:
🏢 Corporate Sponsor: The Ligon Firm, P.C.
🍽️ Lunch Sponsor: Georgia Power
🥤 Beverage Cart Sponsor: Golf Club Realty

And thank you to Holton Media for capturing the day so beautifully!

06/10/2026

Client success story: Meet Marsh Pirate, Darien’s destination marina, taproom and outfitter on the river! 🏴‍☠️

Owners Chuck and Christina Hill worked with CADDA to use the SBA 504 program to bring their vision to life, from inception to putting all the pieces together.

Stay tuned for more of their story as part of our 50 years of impact series!

The gallery from our 36th Annual Golf Tournament is live, and here are just a few of the photos! ⛳ 📸Thank you again to e...
06/08/2026

The gallery from our 36th Annual Golf Tournament is live, and here are just a few of the photos! ⛳ 📸

Thank you again to everyone who joined us at Sapelo Hammock Golf Club for a beautiful day of golf and community.

➡️ See all the photos here: https://cadda-sba.org/news-and-events/ -events

05/19/2026

Hey lenders! Our CEO Terry Louk is presenting at a free U.S. Small Business Administration webinar two weeks from today, and you won't want to miss it.

The SBA 504 Loan Program Training for the Third Party Lender covers everything you need to know about construction loans, from vetting contractors and tracking draws to navigating permitting and avoiding common pitfalls.

📆 Tuesday, June 2, at 11am
📍Microsoft Teams
➡️ Tune in here: https://bit.ly/sba-webinar-june

05/15/2026

One week ago today, we were on the green at Sapelo Hammock Golf Club for our 36th Annual Golf Tournament! ⛳

Thank you to our players, sponsors, and everyone who came out for a beautiful day of golf and networking. Events like this don't happen without incredible community support.

We hope to see you on the green again next year!

Address

501 Gloucester Street STE 201
Brunswick, GA
31520

Opening Hours

Monday 8am - 5pm
Tuesday 8am - 5pm
Wednesday 8am - 5pm
Thursday 8am - 5pm
Friday 8am - 5pm

Telephone

+19122612500

Website

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