New Markets Tax Credit Coalition

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  • South Holland,
  • IL
  • (2021)

mSeed Group, LLC

District: Robin Kelly (D-IL02)

Investment

  • NMTC Amount: $1,000,000
  • Total Project Cost: $1,000,000

IMPACT

  • 6 FTE jobs
  • Jobs must exceed 1.2X the living wage in the region and offer quality benefits, which include, but not limited to medical insurance, paid time off, and wealth creation options.

CDEs

Investor

Project Description

mSeed Group is an African American and woman-owned contract manufacturer of for small to mid-sized beauty and cosmetic brands. This project provided the Company with funds to refinance existing debt, purchase new equipment, and provide working capital. These funds will help the Company to grow and be able to service additional clients.

MAP

Address: 533 West Taft Drive, South Holland, IL 60473

Census Tract: 17031827500

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