CDE: Advantage Capital

To all NMTC Coalition Members: If you would like to add projects, a description of your CDE, or anything else to this page, contact Paul Anderson.

Recent Allocation Awards:

Project Profiles and Stories

Bayou Holdco Inc.

New Iberia,
LA
(2021)

Manufacturing

CDE(s): Advantage Capital

Bayou specializes in pipe coating services for the oil and gas industry. The Company works on both onshore and offshore projects. This project provided the Company with funds for equipment

Maverick Helicopters

Las Vegas,
NV
(2020)

Business Development, COVID-19, Disaster Recovery

CDE(s): Advantage Capital

NMTC helped a business make it through the pandemic without having to sell assets or lay off staff.

Coastwide Electric Inc.

Amelia,
LA
(2021)

Retail

CDE(s): Advantage Capital

Coastwide Electric is a marine electrical contractor. The Company provides electrical systems installation on new vessels as well as repairs and maintenance on existing vessels. This project provided the Company

Pap-R Products Company, Evergreen Manufacturing, Inc., and ColorKraft Roll Products, Inc.

Martinsville,
IL
(2021)

Manufacturing

CDE(s): Advantage Capital, Community Development Venture Capital Alliance

The three combined QALICBs are producers of various paper products used in the restaurant and banking industries. This project provided the Companies with funds to refinance existing debt and with

Metal Machining

Ogden,
UT
(2021)

Machine Shops and Metal Fabrication, Manufacturing

CDE(s): Advantage Capital

Funds for equipment purchase, working capital, and ground up construction of an adjacent facility for a manufacturer.

FlyGuys Inc.

Lafayette,
LA
(2021)

Retail

CDE(s): Advantage Capital

FlyGuys is a full service, project management and data collection company that connects a network of drone pilots to clients. This project provided the Company with funds for equipment purchase

TPG Plastics

Murray,
KY
(2022)

Manufacturing, Plastics and Chemicals

CDE(s): Advantage Capital, People Incorporated Financial Services

TPG Plastics is a manufacturer of portable plastic gas and water cans. The project has provided the Company with funds for a spout assembly machine at close. This project is

Advanced Industrial Group 2

Augusta,
GA
(2021)

Manufacturing

CDE(s): Advantage Capital

Advanced Industrial Group is a manufacturer of HVAC equipment. The project provided the Company with funds for business acquisition and working capital. This business acquisition will allow the Company to

Safety Storage Inc.

Charleston,
IL
(2021)

Manufacturing

CDE(s): Advantage Capital, Community Development Venture Capital Alliance

Safety Storage is a manufacturer of custom modular hazardous material storage and containment systems. The Company’s customers come from the agricultural industrial, military, and laboratory industries. The project provided the

News Journal Corp.

Dayton,
FL
(2015)

Business Development

CDE(s): Advantage Capital

Two NMTC transactions helped support operations at the Daytona Beach News-Journal.

MedRhythms, Inc.

Portland,
ME
(2021)

Manufacturing

CDE(s): Advantage Capital, Community Development Venture Capital Alliance

MedRhythms is the developer of a digital therapeutics platform to deliver rhythmic auditory stimulation therapy to chronic stroke survivors. While RAS therapy typically takes place in a clinical setting, MedRhythms’s

Mirac, LLC

Dayton,
OH
(2022)

Manufacturing

CDE(s): Advantage Capital

Mirac is an electronics manufacturing services company specializing in the design, fabrication, and assembly of printed circuit boards and wire harnesses. This project provided the Company with working capital needed

Modern Mill, Inc.

McComb,
MS
(2021)

Manufacturing

CDE(s): Advantage Capital, Community Development Venture Capital Alliance

New investment will fuel Modern Mill’s rapid growth, helping it to expand its zero-waste production capacity and nearly triple its current employee base.

TWG Supply, Inc.

Grapevine,
TX
(2021)

Auto Manufacturing, Business Development, Manufacturing

CDE(s): Advantage Capital, Community Development Venture Capital Alliance

A $4 million project provided the company with working capital and restructured existing debt.

Sandra M. Moore

CDE(s): Advantage Capital

Sandra M. Moore is a managing director and chief impact officer at Advantage Capital, a growth equity firm with over $3.6 billion AUM that focuses on high growth and high

NMTC VIDEO: Maverick Helicopters: A family-owned business providing high paying jobs in Las Vegas

Auto Manufacturing

CDE(s): Advantage Capital

Maverick Helicopters is a 25-year-old family-owned helicopter tourism business located in Las Vegas, NV. The New Markets Tax Credit was a “saving grace” to help the business make it through

Christian Brothers School

New Orleans,
LA
(2009)

Community, Disaster Recovery, Katrina, Schools, Youth and Families

CDE(s): Advantage Capital

The Christian Brothers School new multi-purpose facility constitutes the first new building constructed in the New Orleans institution’s fifty-year history.

Gammill

West Plains,
MO
(2017)

Business Development, Manufacturing, Rural

CDE(s): Advantage Capital

NMTC financing helped Gammill, a quilt machine manufacturer, grow their business.

Indeeco-Cuba, LLC

Cuba,
MO
(2008)

Business Development, Manufacturing, Rural

CDE(s): Advantage Capital

Established in 1929, INDEECO designs and manufactures a complete line of heating equipment, including space heaters, industrial component heaters and electronic controls for commercial, industrial and marine markets located domestically

Missouri Cobalt

Fredericktown,
MO
(2019)

Business Development, Machine Shops and Metal Fabrication, Manufacturing, Rural

CDE(s): Advantage Capital

NMTC financing supported environmental cleanup at at cobalt mining operation.

Lake Montessori

Leesburg,
FL
(2011)

Community, Daycare and Early Childhood, Youth and Families

CDE(s): Advantage Capital

NMTC financing supported Lake Montessori in Leesburg, FL.

Advantage Capital Invests $2.75 Million in Neighbors Cookies

Business Development, Manufacturing

CDE(s): Advantage Capital

A $2.75 million investment in West Monroe-based cookie dough and confectionary distributor, Neighbor’s Cookies.

East Coast Aluminum Products, Inc.

Fort Pierce,
FL
(2010)

Business Development, Machine Shops and Metal Fabrication, Manufacturing, Warehouse and Wholesale

CDE(s): Advantage Capital

Financing to support East Coast Aluminum Products, Inc, an aluminum supplier and wholesaler located in Fort Pearce.

Nuso

University City,
MO
(2020)

Professional Services, Retail and Commercial

CDE(s): Advantage Capital, Heartland Regional Investment Fund

Working capital to help a communications provider expand.

Grooms Aluminum

Ashville,
AL
(2020)

Business Development, Machine Shops and Metal Fabrication, Manufacturing

CDE(s): Advantage Capital

The project was for the purchase of a large piece of equipment and the construction of real estate needed to house the new equiment.

Anderson Meats and Processing

Hartsville,
TN
(2020)

Business Development, Food Manufacturing, Manufacturing

CDE(s): Advantage Capital

Funds for the construction of the facility, equipment purchase, as well as providing working capital to cover the business's intial opening expenses.

Maximum Entertainment (2018 and 2020)

Orangeburg,
SC
(2020)

CDE(s): Advantage Capital

The project included the ground up construction of the facility, including the necessary equipment and working capital to get a recreation business started.

Westport Linen Services

Greenville,
MS
(2020)

Business Development, Manufacturing, Rural

CDE(s): Advantage Capital

Funds for leasehold improvements, equipment purchases, and working capital for a new facility.

BD Xtreme

Bonifay,
FL
(2020)

Business Development, Machine Shops and Metal Fabrication, Manufacturing, Rural

CDE(s): Advantage Capital

BD Xtreme is an aluminum boat manufacturer. The project allowed the company to acquire real estate, purchase equipment and inventory, restructure debt, and provide the needed working capital for expansion

Algorithmic Intuition

Reno,
NV
(2020)

Community, Healthcare

CDE(s): Advantage Capital

Working capital to obtain 510K approval to bill Medicare/Medicaid and launch their marketing and sales team.

Nevada Nanotech Systems

Sparks,
NV
(2020)

Business Development, Manufacturing

CDE(s): Advantage Capital

Working capital for a manufacturer of MEMs sensors to continue product commercialization and development and to add jobs.

Wes and Willy

Omaha,
NE
(2020)

Business Development, Manufacturing

CDE(s): Advantage Capital

The project provided an apparel manufacturer with funds for equipment and inventory purchases, working capital, and restructured existing debt.

Beehive Industries

Lincoln,
NE
(2020)

Professional Services, Retail and Commercial

CDE(s): Advantage Capital

Working capital for ongoing projects and a marketing campaign.

RXQ Compounding

Albany,
OH
(2020)

Business Development, Manufacturing, Rural

CDE(s): Advantage Capital

RXQ Compounding is an FDA-approved outsourcing facility that manufactures medical formularies and medications used in physician offices and hospitals across the country, located in Athens County, one of Ohio’s hardest

Oasis Trading

Warren,
AR
(2020)

Business Development, Manufacturing, Rural

CDE(s): Advantage Capital

Oasis Trading is a small lumber manufacturer. The project provided the Company with funds for inventory purchases, working capital, and debt consolidation to provide better cash flow for the company.

Recursion Pharmaceuticals

Salt Lake City,
UT
(2021)

Business Development, Manufacturing

CDE(s): Advantage Capital

Working capital for recursion Pharmaceuticals, which provides data driven drug discovery aiming to repurpose existing drugs to cure rare genetic diseases.