What is ASA Contracting?
Established in 2014 and headquartered in Cambridge, MN, ASA Contracting has carved out a distinct niche in the residential renovation sector. As a family-owned enterprise, the firm provides comprehensive interior solutions, ranging from precision tile installation and drywall finishing to complex carpentry and full-scale home remodeling. The company distinguishes itself through a commitment to high-quality craftsmanship and environmental stewardship, serving a growing client base across Cambridge, Forest Lake, and Plymouth. Their operational model, led by a husband-and-wife team, emphasizes professional accountability and licensed, insured service delivery, which has become a hallmark of their brand identity in the competitive home improvement landscape.
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
A prominent regional banking institution providing commercial lending solutions and financial services to support business expansion and operational stability.
PPP
Public-Private Partnership
What's next for ASA Contracting?
With the infusion of this recent capital, ASA Contracting is poised to accelerate its market penetration and operational capacity. The strategic allocation of these funds will likely focus on enhancing service delivery efficiency, potentially through the acquisition of advanced equipment or the expansion of their skilled labor force. As the company navigates this growth phase, the focus will remain on maintaining the high standards of quality that have defined their reputation since inception. Future initiatives may include geographic diversification or the integration of sustainable building technologies, further cementing their position as a premier provider of home remodeling solutions in the region.
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