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Chelsea, MA (2018)

Wash Cycle Laundry

Financing for the fit-out, equipment, start-up operating deficit, and working capital necessary to operate a 10,000 sq. ft. commercial laundry business.

Investment

  • NMTC Amount: $2,570,000
  • Total Project Cost: $2,970,000

IMPACT

  • 93 FTE jobs
  • 10,000 sq. ft. of real estate

CDEs

Investor

Project Description

The Small QLICI financed the fit-out, equipment, start-up operating deficit, and working capital necessary to operate a 10,000 sq. ft. commercial laundry business.

MAP

Address: 22 Willow Street, Chelsea, MA 2150

Census Tract: 25025160101

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