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

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
Washoe Travel Plaza is a first-of-its-kind NMTC project located on the Washoe Native American reservation in Nevada.

Century Steel Fabricators, LLC (“CSF”) is a newly formed Las Vegas company that serves as a fabrication shop and primary materials supplier for NCR Inc. and NCR LLC (together “NCR”),

Algorithmic Intuition is a start-up that provides technology solutions to assist with elderly patient monitoring. The solution is cost effective, hardware light, and non-invasive. This project provided Algorithmic Intuition with