What is ASA Contracting?
ASA Contracting LLC is a family-owned home remodeling firm established in 2014 and based in Cambridge, MN. Operated by a husband-and-wife team, the company is fully licensed and insured, specializing in a variety of interior remodeling services, with a particular emphasis on tile installations. Their service offerings extend to drywall, painting, carpentry, and comprehensive home remodeling solutions for clients across Cambridge, Forest Lake, and Plymouth, MN. ASA Contracting is committed to delivering quality craftsmanship and maintaining environmental responsibility throughout its home improvement projects.
How much funding has ASA Contracting raised?
ASA Contracting has raised a total of $70K across 2 funding rounds:
Debt
$10K
Debt
$60K
Debt (2021): $10K with participation from PPP
Debt (2024): $60K led by Huntington National Bank
Key Investors in ASA Contracting
Huntington National Bank
Huntington National Bank is a financial institution that likely provides debt financing solutions, supporting the operational and expansionary needs of businesses like ASA Contracting.
PPP
Public-Private Partnership
What's next for ASA Contracting?
With the recent influx of expansion capital, ASA Contracting is poised for significant growth. The company's strategic focus on interior remodeling, particularly tile installations, combined with its established reputation for quality and environmental consciousness, positions it well to capitalize on market opportunities. This financing is expected to fuel operational scaling, potentially expanding service areas or enhancing service capabilities. The company's trajectory suggests a continued commitment to its core values while pursuing strategic market penetration.
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