Quick Shine

NMTC financing was used to construct and equip a commercial car wash facility in rural Nevada.

Investment

  • NMTC Amount: $2,000,000
  • Total Project Cost: $3,200,000

IMPACT

  • 11 FTE jobs
  • 9 construction jobs

Investor

Project Description

NMTC financing was used to construct and equip a commercial car wash facility in rural Nevada. The NMTC subsidy was critical in enabling the project to move forward due to the low value and specialty nature of the real estate, which would not have been able to utilize conventional financing to come to fruition.

MAP

Address: 420 South NV-160, Pahrump, NV 89048

Census Tract: 32023960401

Other Nevada Projects

NMTC financing was used to support the development of a new multi-disciplinary surgery and health center in rural Nevada.

Sheet Metal Local 88 Joint Apprenticeship and Training Fund (“SM88JATC”) is a trust agreement between Sheet Metal Workers’ International Association, Local Union 88, and the Southern Nevada Air Conditioning and

Clearinghouse CDFI provided long-term financing for rehabilitation of the school, which provides infant day-care services and schooling for grades K-12.
Power Gen Components is a precision machine fastener manufacturer. The project provided the Company with working capital to help maintain its workforce and benefits during the initial onset of COVID