New Markets Tax Credit Coalition

Morningstar Coffee

Small coffee manufacturer expands business with a new facility in a new location.

Investment

  • NMTC Amount: $585,000
  • Total Project Cost: $585,000

IMPACT

  • 2 FTE jobs

CDEs

Investor

Project Description

Small coffee manufacturer expands business with a new facility in a new location.

CRFUSA provided a business loan to allow a coffee roasting company to expand. The company uses an old family process of hand picking and drying coffee.

The company was operating in a space too small to accommodate its expanding needs. The owner had searched for a location and decided on an old masonry-constructed building large enough to house its current and future needs. The new location provides better access to the transit.

MAP

Address: 2309 Snelling Avenue, Saint Paul, MN 55404

Census Tract: 27053106200

PDF Profile

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