Modern Distributors

Somerset,
KY
(2020)

Modern Distributors

Business Development, Manufacturing, Rural, Warehouse and Wholesale

Financing to help a multifaceted food service provider expand.

Investment

NMTC Amount: $8,289,473
Total Project Cost: $13,754,018

IMPACT

254 FTE jobs
83 construction jobs
Part of local initaitve creating jobs for inmates

CDEs

Community Ventures, The Valued Advisor Fund

Investor

US Bank

Project Description

Modern Distributors is a multifaceted food service provider to C-Stores and vending machines. This project was for an expansion.

MAP

Address: 385 Valley Oak Drive, Somerset, KY 42503

Census Tract: 21199930200

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