EDA Meeting Date: March 23, 2026
To: Members of the Economic Development Authority
From: Emery John, Economic Development Coordinator
Title
Review of Micro-Grant Application for Aldana Painting LLC
Body
Action Requested:
EDA Board shall review the Micro-Grant Application and make a motion of approval per the EDA Loan Committee’s recommendation.
Summary Report:
Aldana Painting LLC is requesting a $5,000 Micro-Grant from the Clement Shearer EDA Micro-Grant Program. The owner, Maynor Aldana, has provided an application for the funds, which can be found attached to this report. This application was provided to staff on January 26. Both staff and the EDA loan committee have reviewed the Micro Grant application thoroughly; both recommend approval.
Aldana Painting has been in operation since 2021. The business offers high-quality interior and exterior painting services to residential and commercial clients. Mr. Aldana has over 15 years of professional experience.
The business is seeking assistance from the EDA for equipment costs related to an expansion, allowing the business to provide services without renting ladders and additional equipment. The applicant will be contributing $5,067.70 to the project.
Total Project $10,057.70
The EDA Loan Committee met on March 16, and the committee provided a recommendation of approval for the Aldana Painting LLC Micro Grant.
Alternative Options:
The EDA Board may make a motion to deny the Micro-Grant application.
Financial Impacts:
This would be the first micro grant awarded in 2026. The EDA has allocated funding for several micro grant awards.
Tentative Timelines:
The applicant’s project is in-process with an anticipated completion date of summer 2026.