Kitsap County NMTC Facilitators I, LLC

Thank you for your interest in the New Markets Tax Credits Program (NMTC). Kitsap County's NMTC Facilitators is prepared to process your loan request. Information requested will be used to determine your eligibility as a Qualified Active Low-Income Community Business (QALICB) and to analyze the financial feasibility of your request.

Please provide the following information in a three ring binder:

Name of Business, Brief Description of the Business, Operating Plan and Statement of Experience
Street Address of principal location
Street Address, census tract numbers, county names of locations where employer services are performed and/or tangible property is used
Amount of financing requested and statement of use of funds
If secured by real estate, please provide a brief description of the property, contemplated improvements, cost estimates, legal description, and appraisal (if available)
If secured by personal property, please provide a brief description of the property, legal description, and value (appraisal if available)

Borrower:

prior three years audited financials
prior three years trial balance
prior three years tax return (signed)
YTD trial balance
YTD un-audited financials
Pro formas for the next two years
Form SS-4 (if newly formed)
Partnership/Operating Agreement or corporation documents including articles of incorporation, state filing information or certification of good standing

Tenant(s):

prior three years audited financials
prior three years trial balance
prior three years tax return (signed)
YTD trial balance
YTD un-audited financials

Guarantor (if available):

prior three years audited financials
prior three years trial balance
prior three years tax return (signed)

Deed of Trust (if property has been purchased already)
Projected number of FTE jobs expected to be created in the next 7 years

For real estate loans also report the number of construction jobs expected to be created by the financial construction project (can submit this later)

Site Layout
Report the number of square feet of space that is expected to be constructed, rehabilitated, or acquired with funding from the transaction (can submit this later)
Name, address, and telephone number of all principals, owners, and/or investors
Leased property listing with signed leases
An Environmental Review for Phase 1
An Engineer's building report
Signed copy of "Authorization to Release Credit Information" for individuals and/or businesses
A $5,000 application fee

For More Information Contact:
Chuck Depew, Consultant, 206.419.3904
Email: Chuck Depew

Detailed information for the Borrower
NMTC Structure
Credit Check Authorization Form

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