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RGD Construction (2020)

Hawthorne, CA

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NMTC Amount: $796,875

Est. Total Project Cost: $850,000

Mixed-use and Commercial

Professional Services

COMMUNITY IMPACT

The loan is to a minority-owned contractor in southern California. The company, which provides professional painting services for residential properties, had been operating out of the owner’s home. The acquisition of a permanent location will allow the business to expand services and hire five new full-time employees. All five positions will be quality, accessible jobs and the borrower has committed to hiring from the local community.

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