LB Amfuel

Working capital to allow a company to expand and grow.

Investment

  • NMTC Amount: $1,730,000
  • Total Project Cost: $4,750,000

IMPACT

  • 331 FTE jobs

Investor

Project Description

LB Amfuel is a fuel cell manufacturer. The project provided the Company with working capital and restructured existing debt to allow the Company more flexibility in their borrowing base.

MAP

Address: 601 Firestone Drive, Magnolia, AR 71753

Census Tract: 5027950400

Other Arkansas Projects

Financing working capital needs related to equipping development and operations facility for handling and processing slag and scrap metal and performing other services to suppor the operations of steel facility.
Building a Uniquely Effective Pathway Out of Homelessness in Central Arkansas
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.

LEGF’s NMTC allocation financed the redevelopment of a 58,975 square foot skilled nursing and elder care facility located in a severely distressed, non-metropolitan census tract in Walnut Ridge, AR. The