New Markets Tax Credit Coalition

Search

Ferguson Computers

NMTC financing helped a small business purpose its building.

Investment

  • NMTC Amount: $256,500
  • Total Project Cost: $256,500

IMPACT

  • 13 FTE jobs

CDEs

Investor

Project Description

Ferguson Computers received NMTC financing from Wesbanco to purchase a property in Shepherdsville, Kentucky, part of the Louisville/Jefferson County Metropolitan Area. The company provides small businesses with computer repair, IT support, and digital marketing, including website design/development, search engine optimization, and website support and maintenance. Ferguson had previously rented space in the building, but the purchase will enable the company to utilize the entirety of the building for growth, including the addition of employees.

MAP

Address: 1795 Highway 44 East, Shepherdsville, KY 40165

Census Tract: 21029020702

Other Kentucky Projects

Berea College deciding to offer more scholarships decided to add onto Lock 12 (dam) to create and sell their electricity. By doing so, there is a $2,000,000 annual savings to
The Louisville Urban League Sports & Learning Complex is a $52.22 MM development on a former 24-acre tobacco processing and storage facility in the west end of Louisville.
Kitchen incubator and construction of single family for-sale housing.
Construction of two buildings on Midland Avenue and East Third Street, in the East End neighborhood of Lexington, Kentucky.