Lightning eMotors

Loveland,
CO
(2018)

Lightning eMotors

Manufacturing

Investment

NMTC Amount: $2,000,000
Total Project Cost: $7,714,301

IMPACT

96 FTE jobs

CDEs

Greenline Ventures

Project Description

$2,000,000 to a hybrid/battery powered system manufacturer in Loveland, CO: The borrower utilized the SBCF’s loan proceeds for their working capital needs as well as supporting additional hiring to increase the pace of delivery of Electrical Vehicle upgrades. Lightning Systems recently completed the design of a new offering of products related to converting trucks and buses to all electric operations. The working capital will enable them to meet the financial burden of A/R and inventory investments necessary to meet growth projections.

MAP

Address: 815 14th Street Southwest, Loveland, CO 80537

Census Tract: 8069002007

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