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Adagio Teas

When Adagio Teas wanted to upgrade its manufacturing capabilities and create operational efficiencies, it turned to the Small Business Fund, a program of the EDA that offers qualified businesses direct loans or participations and guarantees of commercial bank loans.

Elmwood Park-based Adagio Teas, which manufactures and sells gourmet teas and tea-making accessories, began largely as an online tea company in 1999. Today, the company offers a range of products, including the IngenuiTEA, AnTEAdote and realiTEA teabags.  Through the Small Business Fund, the company received an M&T Bank loan that included a 50 percent EDA participation.

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