Aero Twin, Inc.

Aero Twin, Inc., an aircraft parts manufacturing firm and aircraft alternations station, received a $378,000 loan participation from AIDEA. The $472,500 loan, brought to AIDEA by Northrim Bank, provides long term financing for facility expansion and refinanced existing debt. The company is located at Merrill Field in Anchorage. It manufactures FAA approved aircraft parts, designs in-house aircraft maintenance and alternation projects, and conducts product research and development. The building expansion adds three new positions to Aero Twin's current staff of 22 employees.